I just flipped a coin at my desk, which I'm covering with my hand. There's no evidence to support that the coin came up heads, so saying that it's heads is a false belief. There's no evidence to say that it came up tails, so saying that it came up tails is a false belief. Since the beliefs that the coin came up either heads or tails are both false, we can determine, by process of elimination, the the coin must have landed on its side.
The myth is a false belief because there's no evidence to support it. However, being a false belief doesn't prove the statement false, simply undetermined.