Dan Olsen, a onetime PGA Tour member, stated in a radio interview on Friday that Tiger Woods is serving a one-month suspension and is not injured. Olsen backtracked on that statement on Monday.

In an interview with 730 AM The Game in Lansing, Michigan, Olsen stated that he heard from a "credible source" that Woods had been suspended for one month for a failed drug test. Olsen said his source was an exempt tour player.

Olsen stated, "It's not testosterone, but it's something else. I think when it's all said and done, he's gonna surpass Lance Armstrong with infamy."

Later in the interview, Olsen mentioned that Woods uses a "cheater ball."

Both of those statements were denied on Monday.

"These claims are absolutely, unequivocally and completely false," said Mark Steinberg, Woods' agent, in a statement. "They are unsourced, unverified and completely ridiculous. The PGA Tour has confirmed that there is no truth to these claims."

"There is no truth whatsoever to these claims. We categorically deny these allegations," said Ty Votaw, executive vice president of the PGA Tour.

Woods' longtime sponsor, Nike, also made a statement.

"Every ball Tiger has put in competitive play from Nike has been thoroughly tested and approved by the USGA and R&A in accordance with their governing rules," the company stated.

After Olsen's claims were refuted, Olsen backtracked on his statements in a Monday interview.

"Everything I said on that radio interview was only my opinion and not based on any firsthand knowledge or facts," Olsen told ESPN.com. "I want to make a full retraction to everything I said for the entire radio interview, and I apologize to Tiger, Nike, Phil (Mickelson), (PGA Tour commissioner) Tim Finchem and the PGA Tour."

Olsen, 48, spent one full year on the PGA Tour in 2004, with his best finish being a tie for 12th at the Chrysler Classic of Tucson. He also spent two full seasons on the Web.com Tour, where his best finish was a tie for third at the Knoxville Open in 2005.