Eric Dane's "fight against cancer" was not nearly as dramatic as it sounds.

OK! magazine's cover story of their February 18 issue sensationalized the fact that the Grey's Anatomy actor, 35, had some malignant cells on his lip frozen off with liquid nitrogen in a doctor's office.

"Eric Dane does not have cancer," his rep tells Us Weekly in its latest issue, on newsstands now. "He spoke with OK! to clear up some inaccuracies they were planning to run. His story certainly does not compare with those actually suffering from the disease."

Dane, a source tells Us was "mortified" by the cover. "Never in a million years would he have expected they would exploit his story," says the source. "He's considering legal action."

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