Charlie Sheen
Actor Charlie Sheen smiles at the CBS summer press tour party at the Rose Bowl in Pasadena, California. Reuters

Since CBS announced Ashton Kutcher as actor Charlie Sheen's replacement on Two and A Half Men, Sheen has kept a relatively low profile. However, TMZ reported yesterday that the actor is in the midst of deep negotiations regarding a new television show that is planned to air January 2012.

CBS, ABC and NBC are out of the picture, according to Deadline, leaving Fox as the only broadcast network possibility. Industry insiders are skeptical. He is uninsurable, said one studio executive.

The Scoop reports talk of a new Sheen show was simply created by the actor's management to generate buzz.