The spokesperson of the gallery has confirmed that the sculpture was never for sale and nor the said price was ever discussed, confirmed E! Online.
"Unfortunately that was misinformation- the work was never for sale, is not currently for sale, and a price has not been discussed nor agreed upon," the representative said.
Meanwhile, the 39-year-old record producer's representative also released a statement which says, "We are incredibly flattered that a number is being reported but at no point have we ever disclosed a sale price for the piece.
The "Gold Digger" hitmaker created the movable sculpture of 12 naked celebrities. After they featured in his controversial music video "Famous".