Brad Pitt and Angelina Jolie to wed this weekend?

(CBS News) Are they, or aren't they?

That's what star-watchers are wondering about Brad Pitt and Angelina Jolie, after reports surfaced that the two are set to tie the knot this weekend at their home in the South of France.

Pictures: Angeline Jolie
Pictures: Brad Pitt

According to Britain's The Sun, the couple is rumored to be hosting a family party at the chateau for Pitt's parents' 50th wedding anniversary, but a source says locals think there's something more going on and that there is a "real buzz" there.

Sources in the South of France told the Hollywood Reporter that there is a large tent outside the chateau. "It's really happening," one of the sources said.

But don't send them a wedding gift just yet - other outlets in the U.S. and France say the rumors aren't true.

Local newspaper Var Matin denied a France 3 TV report that the wedding could take place on Saturday, according to Reuters, and sources also told People there's no wedding this weekend.

Patrick Mareschi, deputy culture secretary of the nearby village of Correns, told Reuters, "We don't know anything about it."

"Under French law couples have to get married at the town hall. Unlike with a religious wedding, there's no way a couple can hold a civil ceremony at their own home," he added.

Celebrity photo agency X17 said the photographer sent to scope out the chateau found no signs that the couple is getting married this weekend, or even having a party - no security guards, party planners, "nothing out of the ordinary."

This  would not  be the first wedding false alarm  for the couple. Reports of a New Orleans wedding  earlier this year proved to be unfounded.

It was confirmed in April that Pitt, 48, and Jolie, 37, had gotten engaged. The two have been together since 2005 and share three adopted children and three biological children.

Jolie has been married twice before - first to actor Jonny Lee Miller from 1996-1999, and then to actor Billy Bob Thornton from 2000-2003. Pitt was married to actress Jennifer Aniston from 2000-2005.