Jack Nicholson `not quitting Hollywood`

London: Jack Nicholson, who was rumored to have "quietly" given up on the movie business, is not retiring from Hollywood, it has been revealed.

According to NBC News, the reports regarding the veteran actor`s retirement are "100 percent false," Metro.co.uk reported.

The publication claimed that ` The Bucket List` star is actively reading scripts and is looking forward to his next project.

His close pal Maria Shriver also squashed the retirement rumors, asserting that Nicholson has no plans to retire yet.

However, another US publication had previously claimed that Nicholson is dealing with memory issues and can no longer remember the lines being asked of him.