Prime Minister Binyamin Netanyahu agreed in principle to withdraw from the Golan Heights as part of a peace agreement with Syria in negotiations that took place in fall of 2010 prior to the start of the uprising against Syrian President Bashar Assad, Yediot Aharonot reported on Friday.

Yediot cited documents written by Fred Hoff, a special US envoy to the Middle East who reportedly mediated the negotiations. Netanyahu was willing to return to the June 4, 1967 lines, giving Damascus control of the entire Golan Heights area, in return for a peace treaty with Syria, according to the report.

The Prime Minister's Office denied the report, saying the initiative in question was one of many offered to Israel in recent years.

"Israel did not accept this initiative at any point. This initiative is old and irrelevant, and the fact it is being released now derives from political interests," the PMO stated.

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