Taylor Swift has become notorious for writing break-up songs based on her real-life experiences. She's also demonstrated that she's not afraid to name names. But it's not all bad news for the objects of the 18-year-old's affections.

PEOPLE magazine reports that singer Stephen Barker Liles of the Nashville-based pop band Love and Theft recently got a call from Swift, who hinted that he was featured in one of the songs on her new album, 'Fearless.' It's not too difficult to figure out which one.

But the dreamy lyrics of 'Hey Stephen' ("Cause I can't help it if you look like an angel/Can't help it if I wanna kiss you in the rain") are a far cry, so to speak, from the mournful theme of 'Teardrops on My Guitar' (thanks a lot, Drew!) or the bitterness of 'Forever and Always' (written about ex-flame Joe Jonas).

"It's totally flattering to have somebody write a song like that for you," says the 24-year-old Liles, who first met Taylor backstage at an event in 2007, and whose band later opened for Swift on some of her tour dates this year.

Swift calls Love and Theft her "favorite band" in a video posted on the group's MySpace page, but she won't officially confirm that the song is really about the lead singer. Still, the words "Love and Theft" are reportedly spelled out in code in the song's lyric sheet.

"I wrote this song last year about a guy named Stephen who I thought was cute," Swift tells PEOPLE. "Sometimes all it takes to write a song about someone is thinking that they're cute."

A source tells the magazine that the two never dated, saying simply, "It was a brief crush -- nothing more."

Liles confirms that he and Taylor are now "great friends," adding, "I think everyone would agree she's a total sweetheart and anyone would be lucky to go out with her."

Until the break-up, that is. Then you might want to take a closer look at those lyric sheets.