The weekly New Yorker magazine alleged that in return the US would support Islamabad's decision to pardon the top nuclear scientist AQ Khan, who in February confessed to leaking nuclear secrets to Iran, North Korea and Iran.
The magazine quoted an unnamed Pentagon official as saying that US Special Forces will be transferred from Iraq to Pakistan to hunt for Bin Laden.
Islamabad said the New Yorker's claims were "absolutely absurd" and "untrue".