The rumor mill is spinning out of control today -- people are saying that Taylor Lautner and Taylor Swift have broken up after three months of dating!

According to sources, the pair, who met while filming the flick Valentine's Day, split because they realized they were better off as friends.

Their whirlwind three month relationship included hockey games, ice cream and pancake dates, talking about each other in their SNL monologues, and L.A. shopping trips.

J-14 will keep you posted as this story develops!

Do you like Taylor and Taylor better as friends or BF/GF?

Photos: Taylor S.: Courtesy of Big Machine Records; Taylor L.: Courtesy of Summit Entertainment