Lindsay Lohan: All talk? Photo: Jason LaVeris, FilmMagic

Lindsay Lohan may have to eat some serious crow.

After a disastrous debut as artistic advisor at Emanuel Ungaro, the actress turned "designer" shocked critics by claiming she was working on a jewelry collaboration with legendary jeweler Pascal Mouawad for mega retailer bebe.

At first, the story wasn't that far-fetched since Mouawad has previously partnered with celebs including Nicole Richie and Heidi Klum on their respective jewelry lines.

A spokesperson for bebe told StyleList, "Lindsay is not doing a line with us. We had talked to her months ago but never went forward with anything."

And, Mouawad himself, decided to put the fashion rumor to rest as well.

In an email to WWD, Mouawad said that while there were discussions for a LiLo for bebe collaboration, the outcome was far from decided upon. He stated outright: "This is not happening."

Lohan may not be doing on a line for bebe, but design ambitions seem to run in the family. Lindsay's mom, Dina, is launching a line of footwear.