The 30-year-old rapper has reportedly ended his two-month relationship with the 47-year-old singer ''for now'' due to their busy schedules.
But friends told USMagazine.com they hope to reunite when he wraps up his European tour next month and returns to Los Angeles.
Another source confirmed to EOnline.com the couple ''have taken some time apart, not because they don't want to be with each other, just because their schedules started getting insane.
''JLo and Drake are still talking, so people should know they are not in any means angry or that some incident happened. It mainly had to do with timing. They have just cooled things off a bit and it's not as fast as it was in the beginning. They very well may go to dinner tomorrow or in a month. They are in each others' lives, just doing their own thing now.''
The 'Hotline Bling' hitmaker first sparked break-up rumours when he dubbed ex-girlfriend Rihanna ''the queen of everything'' while performing at London's O2 Arena earlier this month.
'Shades of Blue' actress Jennifer, who has eight-year-old twins, Max and Emme, with ex-husband Marc Anthony, also alluded to their split by posting a cryptic Instagram quote last weekend, which read: ''Timing is everything. If it's meant to happen, it will, and for the right reasons.''
The pair formed a close bond while recording a track together late last year.
A source said previously about their budding relationship: ''They do work on music together [but are] clearly enjoying each other on another level too. Jen loves the attention and she seems very happy to be spending time with him. Drake is very charming. He treats Jen with lots of respect. She seems very smitten.''
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