DiCaprio, who stars in Martin Scorsese's The Wolf of Wall Street, has yet to win an Oscar despite being nominated four times. So, understandably, his fans are keen for him to finally take home the goods.
Hopes were raised when CNN panned to an engraved plaque during anchor Ted Rowlands' Monday night tour of the Chicago factory that makes the statuettes.
The nameplate read: "Academy Award to Leonardo DiCaprio, Best Performance by an Actor in a Leading Role, The Wolf of Wall Street, 2013."
Viewers noticed that the camera quickly moved away from the nameplate, leading many to believe that the US channel had revealed the result by mistake.
Did CNN just accidentally showed Leonardo DiCaprio as this year's Oscar Best Actor winner? #Oscars2014 pic.twitter.com/OsnRIrBoZH
Oscars night is not until Sunday, March 2, when Ellen De Generes will host a star-studded ceremony in Los Angeles.
DiCaprio, 39, is nominated for Best Actor alongside Christian Bale for American Hustle, Bruce Dern for Nebraska, Chiwetel Ejiofor for 12 Years a Slave and Matthew McConaughey for Dallas Buyers Club.
McConaughey has been widely-tipped to win Best Actor after he was awarded the Screen Actors Guild's Best Actor accolade.
The 44-year old won a Golden Globe and Critics Choice Award for the same role as AIDS sufferer Ron Woodroof.
- Independent