Rosie Perez is coming back, she’s rehearsing for the new Larry David play and begins previews on February 3, and that day, she will be back here,” Rosie O’Donnell announced today on ABC’s The View, adding, “Don’t always believe what you read in the press, folks.”

That’s a reference to a report last week in Variety that Rosie Perez would not be returning to The View after she finishes rehearsing for her role in David’s Broadway play, Fish in the Dark, and that the daytime talk show producers would like to find a younger panelist to replace her.

ABC also jumped in today with a statement, “We look forward to welcoming the multi-talented Rosie Perez back to her seat as co-host on the panel on Feb. 3 after completing rehearsals.”

Perez and politico Nicole Wallace were added to The View last year, Perez being a last-minute add by the show’s new EP Bill Wolff. They joined Whoopi Goldberg, and returning Rosie O’Donnell. At the time of that announcement, it was explained she would take off the month of January to rehearse for her role in the play.

This month, after the report Perez was out, O’Donnell denied it the next morning on The View, telling viewers Perez’ play opens soon “and then she will be back here at her job, regardless of what you hear in other shows, or read in magazines as I did last night at 11:40 and went, ‘What the f**k?!’”

ABC News had tried to shoot down the report Perez was out at The View, the day it broke, issuing a statement: “Rosie Perez is currently in rehearsal for her Broadway play for the month of January. Her status with the show has not changed.”

But that did not squelch speculation she might not be long for the show on which she has a one-year contract. At least one person with knowledge of the situation suggested we not bet the farm on Perez remaining with the daytime talker long after the play opens.

Meanwhile, The View also has been hit with ratings bad news. For the first time ever, rival The Talk beat The View in total viewers for the week ending January 11. CBS’s 4-year-old daytime talker averaged 2.95 million viewers to The View‘s 2.88 million.