Economy Minister Naftali Bennett dismissed late Saturday reports that Israel was offering to release some 400 Palestinian prisoners as part of a framework for extending negotiations with the Palestinian Authority.

According to a report from the Walla! Hebrew-language news site, Israel and the United States had allegedly proposed the mass release to PA President Mahmoud Abbas as a gesture for extending talks an additional six months following the April 29 deadline for the current round of diplomatic efforts.

Bennett said he had received hundreds of inquires about the alleged release, to which he responded on his Facebook account that "It should be clear: It will not happen."

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