[UPDATE: as reported by THR and CNN, Tom Petty's manager has confirmed that the musician has died after suffering cardiac arrest.]

It was reported earlier today that rock icon Tom Petty died after suffering cardiac arrest. A new report claims that report was made erroneously and that Petty remains in the hospital in critical condition.

TMZ reported this morning that Petty was rushed to the UCLA Santa Monica Hospital Sunday night after being found at his home in Malibu unconscious, not breathing, and in full cardiac arrest. According to TMZ, the singer was put on life support. When the singer showed no signs of brain activity, a decision was made to pull him from life support. CBS News reported that the Los Angeles Police Department confirmed Petty's death, but an update from TMZ claims that the report is inaccurate and he is still "clinging to life."

Petty recently wrapped the 40th anniversary tour for Tom Petty and the Heartbreakers with three shows at the Hollywood Bowl, with the last show taking place on September 23. Petty told Rolling Stone that though he didn't intend for the tour to be his last, it might be his "last big one," saying that he hoped to spend more time with his granddaughter.

Born in Florida, Petty developed an interest in rock'n'roll at the age of 10 after meeting Elvis Presley. At 17, Petty dropped out of high school to form the country rock band, Mudcrutch. In 1976, Tom Petty and the Heartbreakers was formed, with Petty as the lead singer and guitarist. The group produced an impressive number of Top 40 hits, including "Don't Do Me Like That," "Refugee," "You Got Lucky," and "Don't Come Around Here No More." During the late 1980s, Petty joined former Beatle George Harrison's The Traveling Wilburys, a supergroup that also included musical giants Roy Orbison and Bob Dylan. In 1989, Petty released his first solo album which featured "Free Falling," which soared all the way to #7 and became his longest-charting hit and one of his most famous songs.

The singer has also made appearances in films and TV shows. He played the mayor in the Kevin Costner movie The Postman in 1997. He also did voice-acting in an episode of The Simpsons and had a recurring role on King of the Hill.

Petty has a few other acting credits to his name and even has a star on the Hollywood Walk of Fame, but the singer will always be best-known for his accomplishments in the music industry. Petty was inducted in the Rock and Roll Hall of Fame in 2002, and was honored with Billboard's Century Award, Billboard's highest honor for creative achievement. The singer has won three Grammy Awards and has been nominated for several more beginning in 1982. His last nomination was in 2015 for his final studio album, Hypnotic Eye.

Details of the legendary singer's condition are still developing.

Source: TMZ