Despite the claims, when news broke in January that the Australian businessman had popped the question to the We Belong Together singer, Cannon was quick to congratulate them.
He tweeted: "Congrats to @MariahCarey and James! May God Bless Your Future Union... #GreatPeople #GreatCouple. (sic)"
And Cannon also poked fun at his own reaction to the news, sharing a picture from his television show Real Husbands of Hollywood, where he is lying in a hospital bed with Kevin Hart looking at him worried, with the caption reading, "It's just a ring Nick ..."
Adding his own caption to the picture, he shared: "Ha! This made me laugh out loud for real!!! HILARIOUS! #AllLove (sic)"
Meanwhile, Cannon previously insisted Carey, 46, will always be the "love of [his] life".
He said: "It's one of those things, I'm a hopeless romantic too.
Through this learning process, you never say never. To me one thing I know, that will always be the love of my life, always be my family and that's never going to change.
"It's extremely disappointing when you see that people just want to perpetuate negativity when there is no negativity even involved."
- Bang! Showbiz