South Carolina GOP Senator Jim DeMint may or may not be planning on offering his support to former Massachusetts Governor Mitt Romney in the race to represent the Republican Party in the 2012 presidential election -- depending on who you talk to.

Early Monday morning, it was reported that Romney may be close to recieving the Senator's support, which he also received in 2008, Roll Call reported. Roll Call also said GOP sources were calling Romney the favorite for DeMint's much-sought-after endorsement.

Jim is far more likely to endorse Mitt than anyone else currently in the race, a Republican with South Carolina ties said, according to Roll Call. Jim is a business guy and that's his background. He's not really the good ol' boy conservative type. So Mitt in a lot of ways is a more comfortable fit for him.

Later on Monday, though, DeMint's spokesman Wesley Denton quashed the rumors.

That story is a fabrication made up of anonymous sources that obviously have no clue what Senator DeMint is thinking,  Politico reported Denton said. He has said over and over again that he is not leaning toward any candidate yet and may end up not endorsing in the presidential race.

Over the past few years, DeMint's endorsment and fundraising has proved extremely helpful to a number of GOP senate candidates, Roll Call reported. The same article noted that DeMint's political action comittee, the Senate Conservatives Fund, helped elect candidates like Rand Paul of Kentucky, who were supported by Tea Party groups.