Hef claims that his quotes from LA Confidential were taken out of context and he never extended an invite for Holly to move back in to the mansion.
"I have no idea where these crazy stories come from," the Playboy mogul tells Us weekly in a statement. "The idea that I'm pining over former girlfriend Holly Madison and would 'welcome her back with open arms' is pure fiction. It was invented by someone to create publicity.
"I'm in love with Crystal Harris and wouldn't trade her or the Shannon Twins for anyone in the past," he adds.
Maybe he was a bit hurt that Holly read those quotes and basically released a statement saying she's already moved on with her life and doesn't plan on returning.
She told Fox News, "I loved my time at the mansion and think the world of Hef. There comes a time in everyone's life where they need to go their own way."
Holly has clearly moved on from the Playboy mansion. She's out and about partying in Hollywood and she seems to love this new found freedom.