The thing is, this rumour has been around since at least November. In some ways the surprising thing is that it's not gone this mainstream before now.
For what it's worth, in addition to the reasons Allyn suggested, one of the many run-downs of the possible 'problems' involved in recovering any episodes that I'd heard was that a fan had followed the leads, got there first and got the prints, and was refusing to hand them over until the super-fans (Levine, etc etc) gave up the other episodes he was convinced they were hoarding (so the negotiations were about convincing him that they really, really, didn't have any). Which shows how wild some of the rumours already were even before last week.
IMHO: I think there was a promising lead, but it's not led anywhere, and BleedingCool reported one of the garbled versions of whatever basic truth there was originally was.