Katie Holmes is planning to get married to Jamie Foxx at her Michigan vacation house, Radar Online reported, adding that Tom Cruise's ex-wife is spending millions to renovate the house, which is "officially for her parents." The news comes as several rumors have surfaced over the months about Holmes and Foxx's engagement.

“Katie will always remain loyal to her roots in Toledo, Ohio, and she’s pouring millions into renovating her vacation house” located on the shores of Devils Lake in nearby Michigan, a source told Radar Online, adding that Holmes is getting the luxury property ready for her lavish wedding.

“Katie is turning it into a self-contained secure retreat and she plans on spending a lot more time there in the future with Jamie and her daughter Suri,” the source reportedly said.

“She loves that house and there’s no doubt her obsession with the Kennedys has influenced the design and plans for this the house,” the sourced went on adding. “It will be the perfect place for a wedding.”

katie-holmes Katie Holmes is reportedly spending millions to renovate her house where she plans to get married to Jamie Foxx. In this photo, Tom Cruise's ex-wife attends DuJour Magazine's Jason Binn and Furla celebration of Holmes, presented by InList on Sept. 16, 2014, in New York City. Photo: GETTY IMAGES/MICHAEL LOCCISANO/DUJOUR MAGAZINE

However, Gossip Cop debunked the report, citing a representative for Holmes.

Rumors about Foxx and Holmes made the rounds earlier this year after both were seen flashing similar gold bands on their ring finger. Some reports also said that Foxx did not want to make his relationship public with Holmes over concerns that the latter’s ex-husband might go “crazy” after knowing about their romance. In March, National Enquirer reported that Holmes and Foxx had secretly gotten married.

Amid engagement and wedding rumors, reports of Holmes' pregnancy also surfaced. However, the 37-year-old's recent appearance at the 11th Annual Chanel Tribeca Film Festival Artists Dinner did not reveal a baby bump.