Rumours of a romance between the two sparked off after they were reportedly matched up at Elizabeth Hurley's Indian wedding to Arun Nayer earlier this year (07).
However, Shilpa has laughed off the rumours and insisted that she only met the handsome cricketer-turned-politician ‘exactly a minute'.
"These rumours are so baseless. I met Imran for exactly a minute, I think," she was wuoted as saying.
"I went to the party as it was thrown by a very dear friend of mine," she added.
While Shilpa has never been married, Khan was wed to British heiress Jemima Goldsmith from 1995 to 2004.
Khan, who is a good friend of British beauty Elizabeth Hurley, has previously been romantically linked with Susannah Constantine, an award-winning English fashion guru, fashion and style advisor.