Virat Kohli reacts during an IPL match. File

Former Indian skipper Virat Kohli on Saturday rubbished reports of his alleged lucrative earnings from social media, after digital marking company claimed that the star cricketer earns a whopping ₹11.45 crore ($1,384,000) per post on Instagram.

Rejecting the claim, the star batsman said that there was no truth in these reports.

"While I am grateful and indebted to all that I’ve received in life, the news that has been making rounds about my social media earnings is not true,” Kohli wrote on X, a microblogging site earlier known as Twitter.

Earlier, there were reports that Kohli is the highest-earning Indian on Instagram.

Hopper HQ issued the "Instagram Rich List," according to which the star cricketer is the third richest athlete on Instagram, earning a mind-boggling $1,384,000 (₹11.45 crore) per post on the picture and video sharing site.

Kohli is one of the four athletes featured in the list of 25 global celebrities. Portugal’s Cristiano Ronaldo tops the list with Argentine footballer Lionel Messi in the second spot.

Meanwhile, Kohli ranks 14th on the list but third among the athletes. The fourth athlete to feature on the list of highest social media earning celebrities is the Brazilian footballer Neymar Jr.

According to the same report, Ronaldo commands a massive fee of $3.23 million for every sponsored post, which roughly translates to ₹26.75 crore. His eternal rival Messi, who came in second place earns $2.56 million per Instagram post which translates to ₹21.49 crore.

Kolhi is currently on a break having been rested by the BCCI ahead of the Asia Cup 2023 which is set to start from Aug.30.