It's one of indie music's great philosophical quandaries: If the Libertines exist, is there any point to Babyshambles?

According to rumours, the answer is no. Following the announcement of Pete Doherty and Carl Barat's big reunion gig at this summer's Reading and Leeds Festivals, Doherty's other band has cancelled two gigs and the singer has been quoted as saying the group are "no more."

Babyshambles management have denied the speculation, calling the reports "categorically untrue" in an official statement. Drummer Adam Ficek, meanwhile, has taken to Twitter to reject suggestions of the band's imminent demise, responding a fan's inquiry with the words "It'll all be fine, boyo."

Doherty created Babyshambles towards the end of his first stint in the Libertines, and the group became his main project following his estrangement from Barat in 2004, releasing two albums (2005's 'Down in Albion' and 2007's 'Shotter's Nation').

More recently, however, Doherty has concentrated his musical activities on solo material before, on March 29, announcing the Libertines would be re-forming.