The Sun has reported that show bosses “are busy plotting how to kill off Billy, having decided to axe Daniel earlier this year”.
It’s also expected that Billy will the focus of Corrie’s Christmas and New Year storylines.
A spokesperson for Coronation Street declined to comment when approached by RadioTimes.com.

Brocklebank’s exit from the soap was announced in May, with the actor confirming his character would be leaving as part of a major new storyline.
Brocklebank said: “I have been working on Corrie for a quarter of my life. I have adored every minute I have been in that building and have never not looked forward to going into work.
“I love everyone who works on this show and while I am sad to be going, I am equally excited to see what the future holds.”
Producer Kate Brooks added: “Billy will be involved in a major storyline over the coming months, which will see him tested in ways he never imagined, as friendships and his faith are pushed to the limit.
“We’re incredibly sad to bid farewell to Dan, who has been fantastic in some of Corrie’s biggest storylines over the past few years, most notably Paul’s MND. An actor of immeasurable talent and skill, and an absolute treasure behind the scenes – he will be missed by all of us on the cobbles.”