According to the Daily Star newspaper, the journalist and broadcaster has been debating whether to join former campmate Gemma Collins in walking away from the jungle.
If true, he would be the third campmate to leave the show without being eliminated. TOWIE star Gemma quit after being unable to cope with jungle conditions, and Coronation Street's Craig Charles chose to withdraw after a death in his family.
An insider told the paper that Michael had spoken with producers about possibly leaving, but they are hoping he will stay.
"He adds a certain gravitas to the camp atmosphere," said the source. "He would be a huge loss."
So far, ITV haven't commented – and neither have Michael's family, who have flown out to Brisbane to be near him.
To be honest, we'd be somewhat surprised if he really wanted to quit as he seems to be getting on great in the jungle!
Not only has he struck up a bromance with rapper Tinchy Stryder, he's spoken about his like for Kendra Wilkinson and gotten stuck in with everything in camp.
Just last night, we saw the rapport between him and Nadia Forde as they took on a difficult task that involved matching mystery family members to campmates. They were separated from the family members by a screen.
Michael's own wife was one of the mystery family members that was correctly identified but unfortunately he wasn't among the lucky campmates who were able to see their loved ones.
Reveal has contacted ITV for comment.
Let's hope Michael stays!
Reveal is now on Google Plus! Join us here for the latest pictures, fashion and celebrity news!