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Jared Fogle likely to agree to plea deal in child pornography charges

In this May 28, 2014 photo, Subway restaurant spokesman Jared Fogle arrives at the world premiere of "Maleficent" at the El Capitan Theatre in Los Angeles. FBI agents and Indiana State Police raided Fogle's Zionsville, Ind. home on Tuesday, July... (Copyright by WSLS - All rights reserved)

13 WTHR Indianapolis

( WTHR) INDIANAPOLIS -A source close the investigation tells Eyewitness News that Jared Fogle's legal team may have struck a deal with prosecutors.

In this May 28, 2014 photo, Subway restaurant spokesman Jared Fogle arrives at the world premiere of "Maleficent" at the El Capitan Theatre in Los Angeles. FBI agents and Indiana State Police raided Fogle's Zionsville, Ind. home on Tuesday, July...

Fogle is under investigation in a child pornography case following a raid at his Zionsville home earlier this summer.

The former Subway spokeperson's executive director of his foundation, Russell Taylor, is being held in a Kentucky federal prison awaiting trial on child pornography charges.

Sources tell Eyewitness News a plea deal with Jared Fogle may include only conspiracy charges for the millionaire.

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Tim Horty, the spokesperson for the Indiana U.S. Attorney‘s office, told Eyewitness News he could neither confirm nor deny a news conference planned for Wednesday to announce a plea deal between Fogle's legal team and prosecutors.

Jared's entertainment attorney Ron Elberger told Eyewitness News he could not comment on the matter, saying he was not part of Fogle's criminal defense team.

Taylor's attorney, Brad Banks, told Eyewitness News he does not know anything about a possible plea agreement involving Fogle and that he can't comment on whether his client has any kind of plea deal.

At this point, there are no publicly available federal charges filed against Fogle.  If any charges have been filed, the case is sealed.