All's well that ends well now, as a source from the acclaimed Yash Raj Films banner clarified, "Shahid has been paired with Rani Mukherjee in the movie. Sherlyn is just making a brief appearance in the film. The report of Shahid acting opposite Sherlyn is false. Sherlyn is doing it just to gain mileage for her and some cheap publicity".
Phew, this is simply a case of much ado for nothing!