It was recently reported that the reality television star was relaxing on a beach in Hawaii shortly after his recent marriage to Lisa Stelly when he witnessed a woman going into cardiac arrest in the water. Osbourne was initially reported to have gone into the water and pulled the woman to shore, saving her life.
However, Osbourne has issued a statement via his Facebook page claiming that he was one of many people who saved the woman.
He wrote: "On [October 10, 2012], I was approached by a family member telling me he had just seen a woman being pulled out of the water who'd drowned. I grabbed my friend Tyler, who was a former Army operator, and went to see if we could be of assistance...
"When Tyler and I arrived on the scene, the woman was not conscious and had approximately five people assisting in an attempt to resuscitate her... Once the woman was placed on the spine board, Tyler and I assisted in lifting her onto the cart."
Osbourne continued: "Once she was loaded, everyone who had initially helped backed off. Tyler, myself, and another woman all got onto the cart with her.
"The cart took off towards the front of the hotel... and Tyler and I began administering chest compressions... Once we arrived, we waited for the EMT [emergency medical technician] for approximately 4 to 6 minutes.
"During that time, I continued to administer chest compressions. As soon as the EMTs arrived, I backed away and let them take over."
Osbourne, whose wife first revealed the incident via Twitter messages last week, added that he "never said I was the sole contributor in the rescue", and expressed his wishes for a speedy recovery to the woman.
The 26-year-old was recently diagnosed with multiple sclerosis.
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