The stars were all smiles for the camera at Modest Management's summer party in London on Wednesday night (18 June).
Olly uploaded the pic to his Instagram account with the caption: "Crazy stupid love @cherylcole good to see ya babe xx."
Cheryl - who is currently on the promo trail for new song 'Crazy Stupid Love - then retweeted it, saying: "Good to see you too p.s. photobombin' ell."
Is that Chezza's new French boyfriend Jean-Bernard Fernandez-Versini in the background doing the photobombing?!
No doubt Cheryl and Olly chatted about X Factor...
Cheryl's just returned to the show as a judge, while Olly, of course, was a contestant on the show before landing his previous role as co-host on Xtra Factor.
The pair are good pals. We wonder if they had a laugh about that time a couple of years ago that Olly cheekily asked for Cheryl's number via Twitter?!
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