Following the rumors of BLACKPINK's Jennie and YG producer Teddy's alleged relationship, both artists' label aims to take legal action against those who continue to spread the allegations.

"It's not true," YG Entertainment released in a statement on October 14, according to "We'll be responding with strong legal action against the rumors."

In addition, YG Entertainment already denied the rumors earlier that day, saying, "This is the first time we're hearing such a rumor."

Jennie and Teddy's dating rumors sparked conversation after Media Pen released an exclusive report saying the two Korean artists were dating, despite their 17-year age gap.

Teddy has produced many YG artists' tracks, including some of BLACKPINK's. Check out "Whistle," below.