The estate sold for a 'rumored' $12 million. [=people say that it sold for $12 million, but that may not be true]
It 'was rumored that' the factory was going to move overseas, but that turned out to be false.
That news should keep 'the rumor mill' churning/running/going for a while!
(..) Now, I've traveled across half our state to be here and to see about this land. Now, I daresay some of you might have heard some of the more extravagant rumors about what my plans are, so I just thought you'd like to hear it from me. This is the face. It's no great mystery. (..)2007 There Will Be Blood