Stephanie Rice Denies Having Breasts Stroked by Michael Phelps

Stephanie Rice may be holding up a pair of commemorative underwear below - received upon her return to Sydney, Australia after her impressive performance at the Beijing Olympics - but she denies having ever seen Michael Phelps in his skivvies.

When asked about the rumored romance and tongue tying session she and Phelps shared together at the Games, Rice replied:

“No, it was just really great to meet him... and people that you usually see on TV, like [Rafael] Nadal and [Roger] Federer. To me Michael Phelps is a huge inspiration and someone I really look up to."

Well, sure. It's easy to look up to the guy when you're on your knees.

Stephanie Rice says she looks up to Michael Phelps. But did she once look up at him from down below... if you know what we mean!