New York tabs report that Diddy invited Spanish actress Penelope Cruz onto his yacht and they spent some quality time alone together.

“She was last seen headed toward Diddy’s bedroom, with the rap mogul posting a bodyguard on the stairs. The next day, our witnesses say, Cruz, wearing the same dress as the night before, turned up with Diddy at Nikki Beach Club. “She looked very tired,” said one snitch. “When they said goodbye, Diddy mouthed the words ‘I love you.’”

“Penelope and P. Diddy are very close friends and have been for five years,” Pene’s rep scoffs.

Penelope Cruz has also been recently romantically linked to married humanitarian U2 rocker Bono.