The pop star recently split from her husband Marc Anthony and it was rumoured that it could have been down to an affair with Levy, who she worked with on the music video to her track I'm Into You.
But Levy, who also recently split from his wife, has once again said nothing happened between them.
He said to ET: 'I don't like breaking up families. When I heard these rumours, right away I went out because as long as I have known her, she didn't seem like the kind of girl that would do something like that.'