50 Cent has blasted reports he has offered his rap rival Rick Ross $500,000 to end their war of words, insisting the Hustlin' star has fabricated the allegations.

The In Da Club hitmaker's lyrical sparring with Ross has been dominating rap headlines for months.

Ross recently posted a video online, claiming he had turned down a big money pay off from a 50 Cent employee to bring their dispute to a close - but the rap superstar insists he would never even consider such a move.

He says, "I saw that (video clip) on YouTube. He made that up - I don't think anybody interpreted that as if it was true. People looked at that like, 'Huh?
... How much more of a fool can you make of yourself?' People look at it like, now you can't take anything from him serious."

And 50, real name Curtis Jackson, admits he thrives on the buzz he gets from exchanging lyrical jabs with his enemies, including Ja Rule and The Game.

He adds, "I competed with them just to keep the culture (of rhyme battling) active. Ask me: 'Do I need (to beef with) Rick Ross?' I don't have a release date right now."

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(This news article provided by World Entertainment News Network)