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12 December 2012, 11:05
The 'Telephone' singer had been rumoured to have been in talks for the film adaptation of the Broadway musical.
Barbara Streisand has denied recent reports that Lady Gaga is set to star in the new movie Gypsy.
During an interview with Time magazine, the legendary singer had revealed that she was thinking of asking the 'Bad Romance' star to take a role in the movie adaptation of the hit Broadway musical.
However, speaking to E! Online, Barbara admitted that she got in trouble for mentioning the singer's name insisting she hadn't been approached for such a part.
"It was an idea," she explained to the publication.
The 70 year-old star also denied claims that she was set to direct the film, despite the widespread reports online.
I don't know if I would direct it," she said. "I'm not sure about that."
Meanwhile, Lady Gaga has been seen out in Russia this week as she continues her European leg of the 'Born This Way Ball' tour.
The 'Marry The Night' singer will head to North America in early 2013 and is expected to release new album 'ARTPOP' in spring.