This is some good gossip...
Karl Lagerfeld is rumored to be making a cameo appearance on the next season of "Gossip Girl," Glamour reports.
Let the hyperventilating begin.
The buzz began after Herr Lagerfeld was reportedly spied leaving a hotel with the show's star Blake Lively, who is conveniently in Paris to film scenes for the show's next season. And something tells us the two aren't having an affair...
Adding fuel to the fire is Lively and co-star Leighton Meester's attendance at the July 6 Chanel haute couture show, according to Grazia Daily.
Oh, girls -- it would be so cruel to tease us!
In other TV news, check out style secrets from the "Mad Men" set.