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FROM MTV: Lil Wayne may have an impending jail sentence, but in recent days some news about the MC has set the Internet chatter ablaze: Does he have another baby on the way?

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The Cash Money MC has been spotted attending events and snuggling with a new artist on his Young Money label named Shanell. The Massachusetts-born/Atlanta-raised songstress (real name: Shanell Woodgett), sister of former Danity Kane member D. Woods, began as a background dancer for artists like Kandi Burruss and Ne-Yo before deciding to write songs.

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Now, as she preps her as-yet-untitled debut album, Shanell said the rumors about whether she’s dating Lil Wayne have run rampant but have no basis in reality.

“Basically it came from a corny rumor that escalated. First I was dating him, then I was his girlfriend, then we were getting married, then we were settling down and now I’m pregnant. It’s so foolish we haven’t paid it any attention.”

“All the rest of the rumors were kinda funny except that one. When my mother called me like, ‘Um?,’ [I was] like, ‘No! Are you serious?’ I don’t care about the rumors, but I just want people to know that I’m not pregnant. I’ve got an album coming out, I’m a dancer, I’m in shape and children are not anywhere in my future.”

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Lil Wayne agrees. In a serious tone on a Ustream video last weekend, he said:

“Let me clear up this rumor, man: Shanell is not pregnant from me,” Wayne said “Shanell isn’t even pregnant! Period. Clear that up right now, man. Everybody talking about Shanell pregnant by … No, she not even pregnant. Period.” READ MORE HERE!

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