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CBS News Retracts Petty Passes Story-Jaybeau

Today around 3:30 PM the celebrity website TMZ reported that Tom Petty was rushed to the hospital Sunday as he was discovered in full cardiac arrest. At approximately 4:25 pm CBS News using it's Twitter account was reported that based on an L.A.P.D source Tom Petty had in fact passed away. At 5 pm, CBS retracted…