Katie Holmes has been rumored to have financial problems due to a lack of hit projects recently. New rumors emerged that Tom Cruise's ex-wife has been trying to hide the problem to her daughter, Suri, so she wouldn't run to her dad for help.

NW published a story claiming the Dawson's Creek star is currently broke. The tabloid based its story on the news that Holmes recently sold her Los Angeles mansion for $6 million. The site claimed that the actress was forced to do it because she is running out of money and her New York penthouse is allegedly becoming too expensive for her.

The outlet noted that Holmes hasn't had a hit movie since Batman Begins which was released almost 15 years ago. It added that this forced the actress to accept brand endorsements to make ends meet.

A source of the outlet added that the Ocean's 8 actress didn't want to ask Tom Cruise for help after she left him and his Church of Scientology. The insider added that Holmes doesn't want Suri to know that she is broke as she doesn't want her daughter to feel embarrassed of her mother and more importantly, the actress doesn't want Suri to seek help from her father.

"You have to wonder if she's regretting that now that she has to take public transport and wear raggedy old clothes," the source claimed.

Gossip Cop reached out to a spokesperson for Holmes, who assured that the rumors about the Ray Donovan star being broke are totally absurd. For starters, Holmes is not having a problem raising her daughter because she receives $400,000 per year in child support payments from Cruise.

On the assumption that Suri might ask for her father's help, Gossip Cop said it is hard to believe since the two have been estranged to each other for years. Cruise hasn't had a great relationship with his daughter since he and Holmes divorce in 2012 and the actress got the full custody of their daughter.

Reports have it that the last time the Mission Impossible actor saw his daughter was in 2013. Apparently the reason being is that since Suri is not being raised as a Scientologist, Cruise is not allowed by the organization's laws to see her or communicate with her.

Gossip Cop also noted that Holmes is most likely sold her house in California simply because she doesn't use it. She and Suri live in New York, where the teen also goes to school.

On the claim that Holmes is wearing "raggedy old clothes" and taking public transport because she is broke, Gossip Cop finds it insulting. The publication pointed out that dressing comfortably is how normal people dress in their daily lives.

It added that taking public transportation in New York is the most normal thing to do in NYC as it is the quickest and most energy-efficient way to get around a city. It is known that many celebrities do take public transport in New York, not just Holmes.

Moreover, the 41-year-old actress never ran out of projects too. Fans haven't seen her on the big screen last year but she has three movies this year.

She recently appeared in the supernatural horror film Brahms: The Boy II, which was released last month. Holmes will also star in The Secret: Dare to Dream which is slated to hit cinemas next month and on Coda alongside highly-acclaimed actors Patrick Stewart and Giancarlo Esposito.