Wow. I’m actually in shock. Insiders confirm to TMZ that Kim and Kanye West have turned down (yes you read that right- TURNED DOWN) a $3 million offer from a popular magazine to publish the first photos of their baby.

TMZ reports:

Sources close to K&K tell TMZ … the couple has been flooded with lucrative deals from magazines clamoring to score baby Kimye’s coveted first photos, with offers ranging as high as several million. We’re told the $3 million offer was from an overseas tabloid.

So far, no cigar. Our sources say the couple has no plans to sell the pics to ANYONE … right now.

We’re told they’re aware public demand will only increase over time — and still might consider offers in the future.