Israeli model's name mentioned as possible star of upcoming blockbuster, alongside models Miranda Kerr and Brooklyn Decker and actresses Gemma Arterton and Ashley Greene.
"Megan Fox will not be starring in 'Transformers 3,' " reps for the actress, 24, told People magazine. "It was her decision not to return. She wishes the franchise the best."
Paramount Pictures confirmed Wednesday that production on Transformers 3 is moving forward without the franchise's resident hottie, E! News has confirmed.