Is 'Toy Story 4' Happening Or Not? Columbian Radio Exec Says Yes, Pixar Brushes Off Rumors [PHOTO]

Could "Toy Story 4" be coming soon to a theater near you?

That was the burning new question sweeping across the Internet on Tuesday evening.

According to a tweet from Columbian radio executive Jorge Luis Balaguera and the Columbian news website Terra on Monday, "Toy Story 4" is a done deal with stars Tom Hanks, Tim Allen and Joan Cusack reprising their roles.

But Buzzfeed doesn't see "Toy Story 4" happening.

In an article entitled "4 Reasons Why The Toy Story 4 Rumor Is Just Silly," staff writer Adam Vary lists Pixar's full schedule including "The Good Dinosaur" slated for release on May 30, 2014 and "The Untitled Pixar Movie That Takes You Inside the Mind" planned for national release on June 19, 2015 and the fact that the sources are irreputable as reasons to ignore the hype.

Last week he contacted Pixar executives about the possibility of the "Toy Story 4" rumors being true.

"We do not comment on speculation or rumor," was Pixar's official statement.

This is not the first time "Toy Story 4" buzz has swept the Internet. In 2011 Tom Hanks started a coup when he announced Pixar was working on fourth installment in the "Toy Story" film franchise.

"I think there will be [a "Toy Story 4,"], yeah," Hanks told the BBC. "I think they're working on it now."

Hanks and his co-stars have been conspicuously silent about "Toy Story 4" this time around.

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