The 34-year-old actor has released a statement denying recent stories about him dating Benson, as well as the previous reports of him dating Kristen Stewart and Selena Gomez, reporte Huffington Post.
"I also hear that I've been dating Selena Gomez, Kristen Stewart and Ashley Benson....Am I a lucky guy. I wish I had actually gotten closer than the 13th row of the theater in Toronto where Kristen gave her 'On the Road' Q and A, but I didn't; not only did I not talk to her, I didn't even go to the SoHo house where I supposedly asked her out on a date," Franco said.
"As for Gomez and Benson, those are Justin Bieber's girls and I wouldn't dare tangle with the Biebs," he added.
Franco met Benson, 22, on "Spring Breakers" movie set. Reportedly, the "Pretty Little Liars" actress parted ways with Ryan Good to be in a relationship with Franco.
The rumors about them dating spread after they were spotted wandering around downtown and spending time together in Washington Square Park earlier this October.
They were also photographed walking hand in hand at the Los Angeles Haunted Hayride.