Hours after Stephanie McMahon resigned from WWE, rumors began breaking on social media that her father, Vince McMahon, had sold the company.

McMahon recently returned as Chairman of the Board and reportedly agreed to a deal selling WWE to Saudi Arabia’s Public Investment Fund.

But not so fast.

The tweet announcing the sale has since been deleted – and sports reporter Ariel Helwani says the deal isn’t complete, despite the rumors.

In a tweet, Helwani wrote, “Contrary to reports stating otherwise last night, there is no deal in place at this precise moment for WWE to be sold to Saudi Arabia’s Public Investment Fund or any entity, sources say. The organization is still exploring all options, I’m told. Developing.”

News of a sale won’t come as a shock, however, because when McMahon returned to the head of the Board, he was open about the fact that it was to pursue a sale of the company. McMahon said last week, WWE is entering a critical juncture in its history with the upcoming media rights negotiations coinciding with increased industry-wide demand for quality content and live events and with more companies seeking to own the intellectual property on their platforms. The only way for WWE to fully capitalize on this opportunity is for me to return as executive chairman and support the management team in the negotiations for our media rights and to combine that with a review of strategic alternatives. My return will allow WWE, as well as any transaction counterparties, to engage in these processes knowing they will have the support of the controlling shareholder.”