Was informed that masturbation can cause an increase to love handles due to hormonal balance, is this true? and what's the easiest way to loose them?

Not true: Simply not true. As far as losing the "love handles" ... Same as any other fat. Diet and regular exercise.

No: Masturbation is a normal part of human sexuality.Some cultures frown on the process & develop such myths to suppress it. It does not cause love handles, blindness, hair loss, infertility, etc. Most seldom discuss it openly. For most, it is simply part of their life. If you want to lose the love handles drop a few pounds.