Jamie Foxx and Katie Holmes
Jamie Foxx previously said that he and Katie Holmes are just friends.Reuters

He previously denied any romantic involvement with Katie Holmes, but it looks like Jamie Foxx may have to try another approach. The Oscar- winning actor has reignited speculation about the nature of his relationship with Tom Cruise's ex-wife after he was snapped wearing a gold ring on his wedding finger.

In a picture of him flying by private jet to presidential hopeful Hillary Clinton's "I'm With Her" fundraiser at Radio City Music Hall, a suited and booted Foxx can be seen laying his head on a pillow and pretending to sleep. Eagle-eyed fans soon noticed the new piece of jewellery that the 48-year-old was rocking.

One commented: "I think it's true. Even though Tom Cruise is a little crazy he still has clout in the industry. Jamie doesn't want to upset the elite," while another said "Unless we see them holding hands or kissing in public, I won't believe it."

Hours later she was also seen sporting a band on her ring finger, at the launch of Target's new line of gender neutral kids' pillow forts,

In an interesting twist, OK! Magazine reports that the Dawson's Creek star is supposedly pregnant with Foxx's baby with a source telling the publication: "The buzz started around Valentine's Day that she's almost three months along, and that they're having a girl," an insider told the publication.

But a spokesperson for Foxx issued a statement to Gossip Cop slamming the story as a pure fabrication. "This cover story, just like the others the tabloid has run about Holmes and Foxx, is a bunch of baloney". The rep also told IBTimes UK that there was "No truth whatsoever" to the wedding rumours.

Foxx and Holmes first sent the rumour mill into overdrive in 2013 when an unnamed source claimed they had flirted up a storm at the Night of Legends party in the upmarket Hamptons region of New York. The insider claimed that Holmes was dancing with the Django Unchained actor and drank from his cocktail glass.

"We simply danced at a charity event along with a lot of other people," Foxx said at the time.