Stephanie and Jeremy were scheduled to appear on the show later today to give their first joint interview as a couple.
However, a source has told the Mail Online the pair will no longer be appearing and both Stephanie and Jeremy are said to have unfollowed each other on social media.
They said: "[Stephanie and Jeremy have] had a row and things have got pretty bad so they unfollowed each other after deciding it is over.
"They were supposed to be going on Loose Women together to talk about their romance but they've had to shelve that for now."
"They might be able to sort it out and then this will all be a little bit embarrassing," the source added. "But until then it's anyone's guess."
While Stephanie has made not yet commented on the reports, Jeremy appeared to confirm he won't be joining the Loose Women, telling fans he'll be in Leeds instead.
Tweeting on his birthday (22 February), Jeremy said: "26 today and off to Leeds."
26 today and off to Leeds— Jeremy McConnell (@JezzaMcConnell) February 22, 2016
Loose Women still has the couple down to appear on today's show on its official site. They have not yet confirmed the lineup amid speculation Stephanie and Jeremy will be a no show.
News of their absence and their decision to unfollow each other on Twitter comes after Jeremy recently had fans concerned by tweeting he is the "biggest mug."
The Irish model had fans speculating he and Stephanie have broken up after staying in a now deleted tweet: "I have been the biggest mug. I'm sorry for the people who tried to warn me. But you live and learn. Onwards and upwards."
He added on Facebook he was "heartbroken."
A source has since explained the pair's fallout to The Mirror, claiming: "[Stephanie] couldn't get hold of [Jeremy] for 24 hours and was really worried, especially with the recent rumours he cheated on her after a night out.
"He was at a personal appearance in Fife at Kitty's nightclub and she panicked when she couldn't reach him."
Stephanie and Jeremy first got together while starring on CBB last month. Their relationship made headlines, as Stephanie had been dating model Sam Reece at the time.
Since then, she has confirmed her split from Sam and has been gushing about her new romance with Jeremy.
He had recently bought Stephanie a diamond ring, with the former Hollyoaks star telling fans: "My beautiful ring of my baby @JezzaMcConnell a day without you feels like a year.You make me so happy. I love you."
For exclusive competitions and amazing prizes visit Reveal's Facebook page NOW!