Credit: Splash News; David Acosta/Celebrity Monitor/Splash News

As if straight out of a tween fan fiction, rumors began buzzing last month that Twilight hunk Kellan Lutz was hooking up with recently-single Miley Cyrus. And while Kellan initially denied any romantic connection, stating that he’s “happily single,” the two were spotted sharing a kiss in a Vegas club just one week later. So what’s really going on here?

This morning (January 6) the Legend of Hercules star phoned into Ryan Seacrest's KIIS FM radio to speak out officially on what he refers to as "hilarious" relationship rumors.

"It just makes me laugh," Kellan said. "I've been friends with Miley for like six years. She's a great girl… We are friends, [and] we run in the same circle."

We don’t know if it’s so absurd that two friends in the same group might start something up. But if there is anything going on between the 28-year-old heartthrob and his chart-topping gal pal, 21 — whom he calls a "cool, secure woman," it’s clearly nothing serious.

"Are we dating? No," Kellan emphasized, adding (yet again), "I'm happily single… I'm not [looking for a relationship] right now. I'm enjoying life and traveling quite a bit…there's no real time to find the one."

So we shouldn’t be expecting Kellan to be taking Liam Hemsworth’s place as Miley’s betrothed anytime soon. However, we wouldn’t be shocked if we were to see these two hot, young people continuing to casually hook up, from time to time. A source tells E! News that the makeout sessions are just for fun.

"They are both spontaneous, fun people, so their personalities match," the source shares. "They are having fun together. They have very similar outlooks. I am not sure if it has a future, but they have great chemistry so for the time being they are just having fun." Good for them!

Do you believe that Kellan is “happily single”? Tell us your thoughts below.

Source: RyanSeacrest.com

Samantha Lear is an Assistant Editor at Wetpaint Entertainment. Follow her on Twitter and Google+!