'Please ignore this stupidity, I'm alive and well' - Sylvester Stallone dismisses rumour he has died of cancer

On Monday evening bizarre rumours circulated like wildfire that legendary American actor, Sylvester Stallone, 71, has died. 

Fake obituary of the actor was shared multiple times on all social media platforms, claiming that the actor passed away following a secret battle with prostate cancer.

Reacting to the bizarre rumours, the 'Creed' actor took to Instagram to laugh the claims, insisting that he was very much alive and well.

'Please ignore this stupidity… Alive and well and happy and healthy… Still punching!.'

The actor's brother Frank also took to Twitter to react to the sickening claim, writing: 'Rumors that my brother is dead are false. What kind of sick demented cruel mind thinks of things like this to post? People like this are mentally deranged and don’t deserve a place in society'.