Ryan Lochte -- I Didn't Bang Around at the Olympics

Ryan Lochte insists ... he did NOT go on a lady-banging bender inside the athletes' village in London last week -- telling TMZ Live, he barely had enough time to sleep ... let alone sample the local fare (sexually).

FYI -- the athletes' village at the Olympics has famously become a hot bed for late night liaisons among medal contenders -- i.e. the athletes are going at it like rabbits when they're not competing.

But Lochte tells us, he kept his snake in the cage -- claiming, "All I really saw was the dining hall, the swimming pool, and basically my bed. So I wasn’t able to get around the village."