**WATCH THE VIDEO BELOW**

Fox News reported that Los Angeles is going to spend $1 billion on jetpacks that can fly a person up to 63 miles per hour and soar to heights of 8,000 feet.

But this is one head-in-the-clouds idea that would never get off the ground, not even in the City of Angels.

"We certainly haven't bought any jetpacks," police chief Charlie Beck told the LA Times. "We haven't bought [squad] cars for two years."

The hosts of "Fox and Friends," the network's morning show, missed a great opportunity to yell "makeup!" But they were mildly skeptical when first discussing the concept and retracted the report within an hour. They initially said that Los Angeles was ordering 10,000 jetpacks at a cost of $100,000 each. The Times notes that the city "is regularly sending its police detectives home because it can't pay all their overtime." There's no money for anything this over the top.

Where on earth could such an out-of-this-world report come from?

You can't make this stuff up.

WATCH THE REPORT AND RETRACTION, AS CAPTURED BY MEDIAITE: