Ghalib reportedly told Heat magazine, "There is such a tape but I won't discuss prices for hypothetical inquiries. Unless there is a locked-in deal, I will go no further. I am not interested in selling out any other details about Britney."

The British tabloid The Sun reports that the tape consists of two hours of footage of Britney naked exept for a pink wig, and it was allegedly shot in Mexico when Britney and Adnan vacationed there early this year.

However, E! News cites a Britney source who claims the Heat magazine report is false.