According to the Sun, Katie told a friend: "Leandro came to mine on Christmas Day and asked me to marry him. It was a massive shock and completely out of the blue. I don't know what to do."
Said friend added: "For once Katie actually sounded a little guilty. Leo is desperate to get back together with her and doesn't care she has been pictured out with other men since they broke up."
[See also: Katie Price photos: her many men]
Any chance of a reconciliation then? "Unfortunately he does not feature in Katie's plans."
Since breaking up with Leandro, Katie has been linked to other men, like Danny Cipriani and even her ex-hubby Pete.
The former couple were said to be rebuilding their friendship for the sake of their children, but then Katie accused an unnamed 'evil' man of threatening to tell her child about her post-natal depression.
But what about Leandro, whom Katie met at the Oscars last February soon after she separated from Alex Reid? She's yet to give him an answer to his proposal, apparently, but the signs aren't good.
Her spokesman said last night: "She remains single."
Later in the day on Tuesday, Katie retweeted her management's denial of the rumours on Twitter: "There is no truth to claims that Leo proposed to Kate over Christmas. Leo and Kate remain close and are good friends. They are both single and are both happy that way."
What about us, Leandro? Head over to omg! HQ for some TLC, we'll happily oblige.