Yesterday, the disturbing rumor hit the web: Mark Wahlberg was in talks with director Michael Bay to star in 'Transformers 4.' But today we have an update from Bay himself who clarifies the news and explains where the confusion came from.

Michael Bay took to his official website late last night to address the Mark Wahlberg/'Transformers 4' rumors and had this to say about the news:

The Mark Wahlberg T4 rumor is just a rumor. Mark and I are talking about another film project.

Wahlberg and Bay recently wrapped filming on the upcoming crime-thriller 'Pain & Gain' and were reportedly eager to work together again. This led to the rumor that Bay and Wahlberg would be teaming on Bay's next directorial effort, 'Transformers 4.' But it turns out Bay has other irons in the fire that have yet to be revealed and that he would like Wahlberg to be involved. Hey, maybe he wants Wahlberg to star as Shredder in 'Ninja Turtles'... (We're just kidding.)

'Pain & Gain' hits theaters in April, 2013. Wahlberg is currently filming the Peter Berg Navy SEAL action film 'Lone Survivor' with Taylor Kitsch.

So what do you think? Are you glad Mark Wahlberg won't be involved in the next 'Transformers' film?