Website TMZ reported the 39-year-old’s family called police after apparently finding the producer distraught over the theft of a $2m (£1.3m) watch.
The LA County Sheriff’s Department sent out a “possible suicide attempt” alert.
But Timbaland, real name Timothy Mosley, told host Ryan Seacrest: “The only thing I did was take a drive.”
In a recording of the emergency call obtained by TMZ, a woman who said she was the producer’s mother-in-law said he was near a cliff.
A police helicopter later tracked down the Grammy-winning producer – who has worked with the likes of Justin Timberlake and Leona Lewis – and returned him to his home.
“I don’t know what happened, to be honest with you, I don’t even know what people are talking about,” he told American Idol host Seacrest. “I wasn’t talking, so I guess people got worried.”
When asked about the theft of the watch, Timbaland said something had been stolen, but it was not a watch.
“Why would I commit suicide? I could buy what was stolen,” he added.
The Los Angeles County sheriff’s office said Timbaland reported the theft over the weekend but there was no indication of a break-in at his home.
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