Sex tape money-spinner hits Joe Jonas

"There is no truth or validity to the story. It is completely false," said a representative for the member of Jonas Brothers.

The rumors by an online gossip column suggested that the video featuring Joe and Blanda was taken in a hotel room in Buenos Aires, Argentina, earlier this month, reported Ace Showbiz.

It was also said that the 28-year-old Swiss model planned the sex tape and used Joe as a way to get famous and to make money, as she reportedly would receive 35 per cent of the revenue after the video is officially released on April 3.

Joe and his brothers, Kevin Jonas and Nick Jonas, were once famous for wearing purity rings as a promise not to have sex before marriage, consume drugs, alcohol and tobacco.