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Former Soviet gymnast Olga Korbut forced to sell her gold medals

Now a U.S. citizen, the former Soviet gymnast Olga Korbut, who dazzled audiences at the 1972 Munich Games, has sold off her Olympic medals.

As rumors swirl that she is "almost destitute," Korbut, formerly known as "The Sparrow from Minsk," auctioned off two of her four gold medals and a single silver metal, U.S. auction house Heritage Auction confirmed Tuesday.

Korbut also auctioned off other memorabilia, including a leotard, in conjunction with her Olympic medals, raking in about $333,500 in total during the online sale over the weekend, auction house spokesman Elon Werner told NBC News.

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The Rio 2016 Olympic medals are pictured at the Casa da Moeda do Brasil (Brazilian Mint) in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes TPX IMAGES OF THE DAY
A worker from the Casa da Moeda do Brasil (Brazilian Mint) takes out gold-plated Rio 2016 Olympic and Paralympic medals in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A sculptress from the Casa da Moeda do Brasil (Brazilian Mint) works on the Rio 2016 Olympic medal at her computer in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
Nelson Carneiro, craftsman from the Casa da Moeda do Brasil (Brazilian Mint) works on the Rio 2016 Olympic medal mold in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
Nelson Carneiro, craftsman from the Casa da Moeda do Brasil (Brazilian Mint) works on the Rio 2016 Olympic medal mold in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A worker from the Casa da Moeda do Brasil (Brazilian Mint) puts plates to prepare the Rio 2016 Olympic and Paralympic medals in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A worker from the Casa da Moeda do Brasil (Brazilian Mint) pours molten metal into a mold to prepare the Rio 2016 Olympic and Paralympic medals in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A worker from the Casa da Moeda do Brasil (Brazilian Mint) cleans a Rio 2016 Olympic medal in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A worker from the Casa da Moeda do Brasil (Brazilian Mint) cleans a Rio 2016 Olympic medal in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A worker from the Casa da Moeda do Brasil (Brazilian Mint) takes out gold-plates Rio 2016 Olympic and Paralympic medals in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A worker from the Casa da Moeda do Brasil (Brazilian Mint) takes out gold-plated Rio 2016 Olympic and Paralympic medals in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A machine works on a Rio 2016 Olympic medal at the Casa da Moeda do Brasil (Brazilian Mint) in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A worker from the Casa da Moeda do Brasil (Brazilian Mint) checks a Rio 2016 Paralympic medal in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A worker from the Casa da Moeda do Brasil (Brazilian Mint) prepare Rio 2016 Olympic medals in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A worker from the Casa da Moeda do Brasil (Brazilian Mint) prepares Rio 2016 Olympic medals in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
Workers from the Casa da Moeda do Brasil (Brazilian Mint) prepare Rio 2016 Paralympic medals in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
Workers from the Casa da Moeda do Brasil (Brazilian Mint) prepare the Rio 2016 Olympic and Paralympic medals in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A worker from the Casa da Moeda do Brasil (Brazilian Mint) shows a Rio 2016 Olympic medal in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A worker from the Casa da Moeda do Brasil (Brazilian Mint) prepares Rio 2016 Olympic medals in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
A worker from the Casa da Moeda do Brasil (Brazilian Mint) prepares a Rio 2016 Olympic medal in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
The Rio 2016 gold Olympic medal is pictured at the Casa da Moeda do Brasil (Brazilian Mint) in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
The Rio 2016 silver Olympic medal is pictured at the Casa da Moeda do Brasil (Brazilian Mint) in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
The Rio 2016 bronze Olympic medal is pictured at the Casa da Moeda do Brasil (Brazilian Mint) in Rio de Janeiro, Brazil, June 28, 2016. REUTERS/Sergio Moraes
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"Medals saved Korbut from hunger," a Russian news outlet reported, adding that Korbut's "gesture of despair" emphasized "hard life circumstances."

But Werner insists that such reports were not the case for Korbut's auction.

"That's one hundred percent inaccurate," Werner told NBC News. "She's fine financially. She just wants to pass on the medals to people that will enjoy them, celebrate her accomplishments, things like that."

SEE ALSO: Polish athlete puts Olympic medal up for sale to help boy with cancer

Jay Schanfeldt, Korbut's husband-to-be, also refuted claims that the Olympian had fallen into financial difficulty.

"It's totally not true," Schanfeldt told NBC News when asked if Korbut was broke. "She's healthy and fine and she's just planning to retire. So she decided to sell the stuff."

Though the now 61-year-old Korbut, who lives in Scottsdale, Arizona, has not yet released a statement on the auction, she disclosed to the Associated Press earlier in February that funds were not the sole motivation in her decision to sell her medals.

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