Taylor Lautner is NOT Dead!

A representative for Taylor Lautner has dismissed internet speculation the Twilight hunk died after an alleged overdose.

Reports suggesting the 17-year-old star had died began circulating widely on Monday after it was reported on a number of internet blogs and by users on social networking site Twitter.com.

The bogus rumours alleged Lautner died at a Hollywood party after accidentally overdosing on cocaine.

But a spokesperson for Twilight film studio Summit Entertainment has moved quickly to confirm Lautner is still alive, insisting, "This is a hoax."