Velvet Revolver guitarist Slash has rubbished rumours that he was about to reunite with Axl Rose and his former band Guns 'N Roses.

The legendary rocker though refused to rule out any future association with GnR, despite working on his current bands second album.

He told MTV News, "I don't know where [the rumours come] from, but I haven't dealt with Guns N' Roses any more than I have in the last 10 years. It’s not really a thing with me. I have, in the foreseeable future, no re-involvement with that band whatsoever."

Slash also revealed he is currently recording a second album with his current band Velvet Revolver, the follow up to 2004’s 'Contraband', and expects a release by the end of the year.

He said: "We're in preproduction and it sounds amazing. I'm just really excited 'cause hopefully we'll get this thing out before the year's over. The material is amazing and ... we've grown so much as a band. It's not phony in any way, shape or form, and the band's whole-heartedly into it."