An Israeli official denied Monday his country had any knowledge of a spy ring, two Israelis and Egyptian, referred to trial on Monday on charges of spying for the so-called Jewish state, revealing that contacts are under way to hold a meeting between President Hosni Mubarak and Israeli Premier Benjamin Netanyahu. "The new spying case by Israelis in Egypt seems refuted just like the claims by a Sinai governor that Israel sent a shark to damage tourism in Sharm el-Sheikh," said Israel's Deputy Foreign Minister Danny Ayalon. He added in an interview with the Israeli daily Yedioth Ahronoth, that the Egyptian authorities did not hand Israel any information on the case. "The two Israelis mentioned in the media reports are not known. It seems the case is not serious," Ayalon said. The Israel official, meanwhile, said that there were contacts with Egyptian official to prepare for a meeting between Mubarak and Netanyahu. However, he gave no further details on the date, the place or the purpose of the meeting. The family of the Egyptian suspect, Tarek Abdel Razzak, a businessmen involved in the case were shocked at hearing of the news. "I cannot believe it. My son can never be involved in betraying his country,' his mother said. Two Israeli agents linked to Razzak are on the run. Egypt has issued warrants have been issued for their arrests. No trial date has yet been set. The three suspects are accused of "espionage and endangering the interests of Egypt" and "carrying out activities, which could lead to a breakdown in relations" with Syria and Lebanon.