The Russians are definitely not coming for Pabst (Red, White &) Blue Ribbon.

That’s the urgent message from the new proprietor of the 170-year-old Milwaukee beer brand, in case you’ve been following the slew of recent sensational headlines.

Panic broke out this week across America — from hipster bars in Brooklyn to living-room sofas in Denver — when it was revealed that Pabst has been purchased for more than $700 million by a firm called Oasis Beverages.

Scant info was available about Oasis in the announcement, but the company’s Web site notes that it operates breweries in Moscow, Kazakhstan and Belarus.

With little else to go on, news outlets ran with the connection: “Pabst Blue Ribbon is Defecting to Russia,” the Huffington Post warned, while the Daily Beast said Pabst “will now take orders from Russia.”

But Oasis, whose site indicates it is based in Cyprus, “will be strictly a passive investor with a minority stake” in Pabst, alongside minority holder TSG Consumer Partners, a New York private-equity firm, a source close to the situation said.

The more precise truth, according to people close to the deal, is that majority ownership and control of Pabst is going not to Oasis but to its chairman, an American beer entrepreneur named Eugene Kashper.

According to a written statement this week, Kashper will become CEO of Pabst, which will keep its corporate headquarters in Los Angeles.

“Pabst Blue Ribbon is the quintessential American brand — it represents individualism, egalitarianism, and freedom of expression — all the things that make this country great,” Kashper said in the statement.

Reached by The Post on Friday afternoon, Kashper declined to discuss specifics of the Pabst deal, including how ownership of the iconic US brand will be structured. Sources said details are still being finalized.

But Kashper did confirm in a brief phone conversation that he is an American citizen who grew up in New Jersey and Arizona, and has lived in New York City for 12 years.

Kashper’s parents, Jewish refugees from Communist Russia, brought him to the US in 1976 when he was just 6 years old, according to a source close to the entrepreneur.

Kashper went on to study at Columbia University. It was only after graduating from college in 1992 that Kashper set out to build a beer empire in the Eastern bloc.

Now, Kashper is “very concerned about being viewed as Russian” in light of the “recent political climate,” according to the source.

The confusion also poses a potential PR headache for Dean Metropoulos, the billionaire who is selling Pabst to Kashper.