Beyoncé Denies Spending $312,000 On Diamond Encrusted Shoes

Beyoncé chats on the phone as she arrives at a heliport to catch a flight on Friday afternoon (August 7) in New York City.

The evening prior, the 33-year-old entertainer’s husband Jay Z was spotted exiting his Midtown Manhattan office.

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Earlier in the week, it was reported that Beyoncé had dropped a cool $312,000 on diamond-encrusted sandals by House of Borgezie for an upcoming music video. The designer even went as far to confirm the purchase.

But in a statement given to E!, Bey‘s rep says that the rumor is not true.

300K seems a little excessive, even for Queen Bey, so we’re glad she didn’t make the purchase!