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It looks like TMZ got it wrong when they reported earlier this weekend that Olympic swimming champ Michael Phelps won big in Sin City.

Word spread quickly that Phelps cashed in at Caesar’s Palace after winning $100k during a cash poker game.

Phelps hit Twitter Sunday night to set the record straight with this response:

Everybody loves a winner…. unfortunately this particular claim turned out to be nothing more than one of those crazy rumors that we all latched onto with a vengeance.

Photos: Twitter-Michael Phelps, Video Screen Grab