Will Smith has just ripped apart reports that he is splitting from wife Jada Pinkett-Smith. The actor said that all the separation rumors are outright ridiculous. Jada still appears to call Will Smith "baby". In a carefully worded denial, the couple insisted that reports of their separation were untrue. Meanwhile, TMZ reports a source close to the couple that a separation is "definitely a possibility" and that the Smith family is planning on taking a vacation together as a last-ditch effort to save their marriage.

The Will Smith and Jada Pinkett-Smith split story got a little wilder. According to In Touch magazine, Smith had grown suspicious of his wife's cozy relationship with her "HawthoRNe" co-star, the newly single Marc Anthony and there has already been reports circulating that the two were having an affair. It was also reported that Will Smith secretly flew home from a movie shoot to discover his wife in their house "together" with Jennifer Lopez's ex-husband. According to TMZ, after the superstar's discovery, Will allegedly "left the house crying." In Touch Weekly even posted that Jada and Will were divorcing.

After much speculation regarding her 13 year marriage, Jada Pinkett-Smith reacted to the rumors that she was splitting from Will Smith. "Everything about the Marc Anthony story is completely false, but we are not commenting on whether they are separating or not," Jada's rep told Entertainment Tonight. Will's publicist also released another statement to Entertainment Tonight. "Although we are reluctant to respond to these types of press reports, the rumors circulating about our relationship are completely false," the Smiths said in a statement to FOX411. "We are still together and our marriage is intact."

Trey Smith, Will Smith's son from his first marriage even used Twitter to address the rumors. "Did Will and Jada split? No they did not split," he wrote. "False information, it's not true."