WWE wrestler CM Punk is reportedly still under contract with the company, despite stories claiming that the 'Straight Edge Superstar' had been granted a release from his contract.

The former WWE champion has established himself as one of the league's biggest stars over the last couple of years, but has been absent from events since the day after the Royal Rumble last month.

Reports surfaced that Punk had left the company for good over the weekend, but the grappler, whose real name is Phil Brooks, is still under contract, according to PWMania.

Legendary wrestler Terry Funk recently stated his belief that Punk will return in time for Wrestlemania XXX.