According to a recent National Enquirer cover story, country music power couple Faith Hill and Tim McGraw are headed towards a "nasty" $135 million divorce. The seedy gossip rap reports that their 16-year marriage has hit "rock bottom amid furious clashes and suspected infidelities." Meanwhile, reps for both country crooners totally deny such crazy separation claims.

The Enquirer's recent cover blares the headline: "Faith & Tim $135 million divorce! Cheating allegations wrecking 16-year marriage. 'I'm treated like dog!' Tim rages. Plus, sexy young star who's come between them."

That's some heated claims. The Enquirer goes on to explain that "the couple's life has turned into a battlefield, and now Tim is threatening to walk for good." The shady magazine even managed to "uncover the sensational details of the conflict that's left the superstar couple's marriage and their $135 million empire hanging by a thread."

The report continues to "quote" a bunch of inside sources to back-up such claims, but the Enquirer provides no REAL evidence of an impending divorce. One alleged insider ends with, "Faith thinks she has Tim under her thumb, but she may be in for a big surprise!"

Yeah, probably not true. It looks like Hill and McGraw are doing just fine. In a recent interview with ABC News, McGraw even fawned over his wife's "great legs."

Gossip Cop reached-out to reps for both singers - they laughed at such separation rumors and insist that they're "totally false and ridiculous."

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