When reports surfaced yesterday that Michelle Obama and the Queen of Qatar spent $50,000 on a shopping spree at luxury lingerie boutique Agent Provocateur, the White House just about issued one of their color-coded alerts.

Try on Michelle Obama's hairstyles in the Makeover Studio

Rumor had it that M'Obama and her royal gal pal closed down Madison Avenue and dropped $50k on high-end underwear. Not that we don't believe the Obamas still have the hots for each other (let's be real, it's probably the most action the White House has seen since Clinton), but Mrs. O is usually spotted at stores like Target and H&M.

Gisele launches her own lingerie line

Although the report was deemed ridiculous by every reputable media outlet, the White House still decided to take the time (what else would they be doing?) to have Press Secretary Jay Carney issue a statement during the daily White House briefing. Yes, that's right, Yale graduate and former Time magazine Washington Bureau Chief Jay Carney had to make a public announcement regarding the lingerie-buying tendencies of the First Lady.

The Press Secretary said, "In this case, it's utterly false, and it's irresponsible of an American news organization to repeat the story, even allowing that it could be true. So it's wrong."

When asked for legitimate proof that the story isn't true, WWD reports that Carney merely stated, "I'm not going there."

Do you think Michelle Obama would drop $50k on lingerie? Valentine's Day is approaching, after all...