Charlie Sheen will soon be hitting the road for his one-man show Charlie Sheen LIVE:

Charlie Sheen will soon be hitting the road for his one-man show Charlie Sheen LIVE: My Violent Torpedo of Truth, but could the embattled actor be coming back to the small screen?

On Monday, reports surfaced that CBS would consider welcoming Sheen, 45, back on Two and a Half Men – if an agreement with all the warring parties, including Sheen, Warner Bros. and show creator Chuck Lorre, could be reached.

But a source close to the situation tells PEOPLE that a deal is not likely: "I don't see that happening."