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Despite being photographed with what appeared to be a visible baby bump, Penelope Cruz is reportedly upset over speculation that she is pregnant.

X17 photographers snapped Penelope on smoking a cigarette, which made us question whether or not she was with child.

When X17online contacted Penelope’s rep regarding the photos, calls and emails were not returned.

However when Penelope was asked at the Toronto Film Festival last night about the news, she snapped at reporters. When speaking with USA Today the actress denied the rumors, saying, “I start[ed] getting some presents from friends saying, 'Congratulations, you're pregnant.' And I say, 'No, I'm not, so return the presents.'"

Do you believe Penelope or do you think she looks preggers in our pix?