Kanye West Bowie Petition Is Worthless ... I'm Not Touching His Music

1/20/2016 1:00 AM PST

Kanye West loves David Bowie's music and his legacy so much ... he has NO PLANS to record a cover album, which means angry Bowie fans can settle down.

Outrage spread on the Internet after multiple reports claimed Kanye was recording a tribute -- featuring covers of Bowie's biggest hits -- however, a rep for West tells us that's complete BS. 

The rumor, apparently started in a British tab, launched a petition -- which already has 5,000 signatures -- to shut down the album. Not sure how that would have stopped it anyway, but it's a moot point.

We're told Yeezy had a ton of respect for Bowie -- he tweeted about his death -- but they never had plans to work together.

Our sources say the rapper is still hard at work on an album ... of his own material, sans Ziggy Stardust '16.