Miley Cyrus NOT Cheating on Liam Hemsworth with Mike Will Made It: Twerk Songstress 'Looks Up' to 'Bangerz' Music Producer, 'Hunger Games' Fiance 'Still Worries'

Cheating rumors surrounding Miley Cyrus' relationship with "Hunger Games" heartthrob Liam Hemsworth never cease to exist. Apparently, the "Wrecking Ball" songstress is currently hooking-up with music producer Mike Will Made It while her fiance continues "sexting" January Jones! As Mstars reported earlier this week:

Miley Cyrus' relationship with "Hunger Games" fiance Liam Hemsworth is officially OVER (at least according to several seedy gossip outlets, that is). Rumors suggest that the "We Can't Stop" twerk songstress is now "hooking up" with her "Bangerz" music producer, Mike Will Made It. Meanwhile, Hemsworth continues flirtatiously "sexting" gorgeous "Mad Men" starlet, January Jones! Those are some crazy accusations... what do fans believe?

Here's what Star magazine is saying about Cyrus' budding relationship with her own music producer, Mike Will Made It:

"[The two have] grown close after long hours spent in the studio, with no attempts to cover up their budding romance."

An alleged insider tells the tabloid claims that "Miley was left heartbroken" after she found out that Hemsworth was "secretly" dating" Jones. The course explains, "So getting together with Mike is her way of revenge."

Apparently the infamous twerker is "diving in head first with Mike... [they're] constantly exchange cozy (and sometimes inappropriate) tweets and Instagram photos." They've spent so much time together in the studio, and evidently "everyone knows they're hooking up."

As for the cheating claims surrounding Hemsworth and 35-year-old Jones...

According to Us Weekly, the 23-year-old actor recently "fired off a graphic, sexual text message" to Jones that allegedly read "I want to [expletive] you."

WHAT!

The tabloid insists that Hemsworth's "wandering eye may be the wrecking ball of his relationship with Cyrus" - the couple is supposedly "on the verge of cutting ties" because of his overly-friendly relationship Jones. And this has been going on for awhile now...

Jones allegedly "consoled" the "Paranoia" star over Cyrus' transformation from "Disney princess" to "wild child" (a claim Jones' reps heatedly deny). Hemsworth promised Cyrus that "nothing happened" between the two, but he still continued to reach out to Jones.

An Us Weekly insider reveals, "Liam and Miley haven't officially split, but it's over. t's just that neither wants to pull the trigger... Miley doesn't want to believe there could be anyone else."

Let the drama continue... what do Mstars readers think about all of these insane claims?

Reps for BOTH Cyrus and Hemsworth insist that such shady claims are definitely NOT true. Cyrus isn't hooking up with her music producer, and Hemsworth isn't cheating with Jones. And an insider for HollywoodLife confirms that fact:

“It’s easy to understand why people could jump to conclusions about her and Mike, there have even been times that Liam’s questioned her about it,” the source reveals. “He’s just as worried about her cheating on him, it’s a two way street. But Miley isn’t hooking up with Mike.”

Cyrus looks up to Mike Will Made It as a producer... but there's not sexual feelings involved at all:

"Miley chose him to be the executive producer of her album, because she looks up to him and he’s given her a huge amount of confidence - he validated her talent and has been such a big cheerleader. Because of him that she’s getting to work with people like Kanye West, Wiz Kahlifa. That’s a pretty big leap from 'Party In The USA' so of course she’s gonna be tight with him but there’s nothing shady going on between them."

So despite such accusations, apparently both Cyrus and Hemsworth are still loyal, and they're still exclusively together!