Next month, however, an global team of scientists led by Neil Gemmell from the University of Otago, New Zealand, will conduct an investigation into the waters of the famous loch which could help to settle the mystery once and for all.
The legend of the Loch Ness monster has baffled scientists for centuries - but now a group of experts hope modern technology will uncover what really lives in the Scottish lake.
Whenever a creature moves through its environment, it leaves tiny fragments of DNA from skin, scales, feathers, fur, faeces and urine.
A boat sails in front of Urquhart Castle on Loch Ness in Scotland Britain
It transpired, however, that Shine and his team had discovered an abandoned prop from the 1970 film The Private Life of Sherlock Holmes.
He also says that the project is about more than just the Loch Ness Monster.
"While the prospect of looking for evidence of the Loch Ness monster is the hook to this project, there is an extraordinary amount of new knowledge that we will gain from the work about organisms that inhabit Loch Ness, the U.K.'s largest freshwater body", Gemmell said.
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The stories seem as tall as the lake is deep.
The research, which will begin next month, reports Reuters, starts with gathering DNA, sequencing it and then comparing it to sequences of other organisms. Adomnán's Life of St Columba tells of the saint encountering "a water beast".
The 51-year-old scientist said he isn't a Nessie believer - which some theorize is a long-necked plesiosaur that somehow survived the dinosaur extinction - but is eager to take people on an adventure and communicate some science along the way.
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The idea of a monster in Loch Ness is one of Britain's most enduring legends, but now scientists think they could finally come up with the truth.
The images, known as "surgeon's photographs" are among the most well known and circulated of all conspiracy images in the world.
Successive scientific examinations, including a 10-year study by the Loch Ness Phenomena Investigation Bureau in the 1960s and 70s - have produced no evidence that the legendary beast exists.
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15 years ago, scientists used 600 sonar beams and satellite tracking to sweep the full length of the loch. However, their search showed there was no trace of such a creature lurking there.