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UPDATE: Tom Perry peacefully died in his sleep around 8:40 PM PST with his family and band mates around him.

Despite widespread reports and messages across social media, singer Tom Petty is still alive although his prospects of surviving cardiac arrest appear grim. The legendary singer was rushed to UCLA Santa Monica Hospital after being discovered in his California home suffering from the health ailment.

TMZ exclusively reports:

Tom Petty was rushed to the hospital Sunday night after he was found unconscious, not breathing and in full cardiac arrest … law enforcement sources tell TMZ.

EMTs rushed to his Malibu home and were able to get a pulse. He was rushed to the UCLA Santa Monica Hospital and our sources say he was put on life support.

1:35 PM PT — Sources tell us at 10:30 Monday morning a chaplain was called to Tom’s hospital room. We’re told the family has a do not resuscitate order on Tom. The singer is not expected to live throughout the day, but he’s still clinging to life. A report that the LAPD confirmed the singer’s death is inaccurate — the L.A. County Sheriff’s Dept. handled the emergency.

UPDATE: The official statement from the family of Tom Petty can be viewed below. Rest peacefully, Mr. Petty.

Photo: WENN.com