The Colombian, who is currently injured, went back to his parent club Monaco earlier this week for the treatment of his injury. He was spotted at Chelsea training ground today, but anything is still far from certain regarding his future.
French source Le10 Sport claims that Blues owner Roman Abramovich has given the power to club manager Guus Hiddink to decide the future of the 29-year-old.
The report claims that a decision is still 50-50 as Hiddink wants to assess his squad before making the final call. Falcao has failed to find form during his spell with the Blues and has scored just one league goal for the club.
His current loan deal from Monaco ends in June.