LindsayChristian.jpgEd Hardy wants to make it clear ... they are not doing a line of handbags with Lindsay Lohan.

A rep for Ed Hardy tells X17online that reports of Christian Audigier's company and Lindsay collaborating are totally false!

We're told California Bag Co., a company that licenses through Ed Hardy, will be working with Lindsay to design a handbag line for 6126, the actress' mega-successful leggings line. Reports are claiming that Miss Lohan, as creative director of 6126, has asked designer Paz Shakked Wolf to join her in creating these purses for the next three years.

For Lindsay, looks like fame is in the bag!