Israel and Hamas both denied a report early on Tuesday that they had agreed to a six-month cease-fire.
Israel's Channel 12 news reported on Monday night that Hamas had agreed, among other things, to curb violence along the Gaza border and adhere to a 300-meter (1,000-foot) buffer zone.
In exchange, according to the report, Israel agreed to permit an expanded fishing zone off Gaza's coast, and open border crossings for humanitarian and medical supplies.
A cease-fire was reached earlier this month after Hamas launched almost 700 rockets from Gaza toward Israel.
The Prime Minister's Office denied the report.
"There are no new understandings with Hamas," a statement from Netanyahu's office said, highlighting that efforts to bring back Israeli prisoners and the bodies of fallen IDF soldiers, killed during Operation Protective Edge in 2014, continued unabated.
Hamas also denied the claims.
"What was agreed by Egyptian, Qatari and international mediation between the resistance [Palestinian armed groups] and the occupation is a temporary cease-fire as long as the occupation implements all understandings," a statement by Hamas spokesperson Fawzi Bahroum said on Monday night.
The popular resistance committees, an umbrella organization for Palestinian terrorist groups, also issued a statement on Tuesday morning.
"There is no de-escalation with the occupation and the Israeli report about it is misleading," the statement said.