UPDATE 2-Coke not in talks with Huiyuan - source

* Source says Coke not in talks with Huiyuan

* Huiyuan shares had jumped 25 pct on deal hopes (Recasts with update on deal talks, Huiyuan statement; adds NEW YORK dateline)

By Martinne Geller and Alison Leung

NEW YORK/HONG KONG, April 24 (Reuters) - Coca-Cola Co (KO.N), whose planned purchase of China Huiyuan Juice (1886.HK) was blocked by the Chinese government in March, is not in talks to explore other partnership options with Huiyuan, a source familiar with the situation said.

Shares of Huiyuan, China's top juice maker, jumped 25 percent to a five-week high earlier on Friday, on reports that the companies were back in talks after Coke's failed $2.4 billion bid to engineer the largest-ever foreign takeover of a Chinese company.

Huiyuan acknowledged the press reports suggesting the two were back in discussions on Friday.

"The company is unaware of the source of such information and would like to confirm that it is not in possession of any price-sensitive information which would require an announcement" under Hong Kong securities regulations, Huiyuan said in a statement.

Coca-Cola, the world's largest soft drink maker, said it has a policy of not commenting on speculation.

A source familiar with the situation said on Friday that no talks were taking place.