To Quote the Strokes: is this it? (Spoiler alert: it wasn’t it. But if you want to relive the conniption that everyone had in the 10 minutes before the trade deadline, click past the jump).
More details from Hosea Cheung:
The media also apparently doesn’t seem to know whether or not he’s even in the building anymore. 
As Kevin Woodley points out, there’s some actual physical requirements that Luongo has to meet in order to waive his no-trade clause. 
So there’s possibly some very legitimate reasons for the confusion at Rogers Arena at the moment. Certainly looks like he may have been traded before the deadline.
Iain Macintyre apparently has confirmed that Luongo was taken to the front-office:
If Luongo has been traded, it’s not to Toronto:
And don’t we look silly:
So it turns out that Roberto Luongo was pulled off the ice for other reasons. Perhaps the team wanted to brief him before he faces a barrage of questions from the media, or whatever. Presumably we’ll get a more detailed explanation of what went down in short order.