The grapevine has been abuzz with news that Bollywood superstar Shah Rukh Khan will play the villain in Yash Raj Films' (YRF) action-adventure series "Dhoom 3" but a source from the production company has denied any such development.

"This story is completely untrue and baseless. We have no idea where this rubbish originated but like all wildfires has spread rapidly, " Rafiq Gangjee, vice president (marketing and communications) of YRF, told over e-mail from Mumbai.

The rumours that Shah Rukh would soon follow in the footsteps of Hrithik Roshan by playing a villain opposite actor Abhishek Bachchan in the "Dhoom" series began when British news website first reported it.

According to the article which was published May 26, a source was quoted as saying: "Shah Rukh had been approached by the banner to play the main villain in the most successful franchise of Bollywood - the 'Dhoom' series - and he has immediately given the nod.

Last few days there has been a lot of buzz that Saif Ali Khan has signed the dotted line for the same role but it seems they were just plain rumours. "

However, as per Gangjee, there is no truth in any part of the report.