Rumors are currently rampant regarding Hulk Hogan with a number leading sources now reporting an audio of Hogan using racial slurs is about to go public. The audio will reportedly do some major damage to Hogan of which WWE has taken swift action to distance themselves from this morning.

In the early hours of Friday morning WWE removed all mentions of Hogan from their official website, WWE Shop and Tough Enough page. They have even gone as far as getting rid of the "Axelmania" gimmick which Curtis Axel plays a parody of Hogan. It's now confirmed by WWE themselves that they have "terminated" The Hulksters contact.

There is an audio that has gone viral on YouTube of Hogan using the "n word" during an interview in 2012, but that is not the one which is rumored to be leaking. During that interview, Hogan uses the "n-word" while recalling working with wrestler Booker T and paraphrasing conversations he's had with several rappers but this was back in October 2012, and Whoo Kid who conducted the interview clams that there was "nothing racist" about the interview.

Hogan tweeted the following after his removel from the official WWE website:

In the storm I release control,God and his Universe will sail me where he wants me to be,one love. HH

, Hulk Hogan (@HulkHogan) July 24, 2015

We'll keep you updated with the latest. Follow us on Twitter: Follow @WNSource