"The Big Bang Theory" Season 10 is on a full swing and its crew remains the highest paid TV actors. Even with the show's roaring success, reports indicate that its 11th season may be cancelled as their cast's contracts are on the verge of ending.

According to speculations reported on Radio Times, "The Big Bang Theory" Season 11 is haunted by cancellation rumors because Jim Parsons (Sheldon Cooper) is speculated to leave the show to explore other options in Hollywood.

Parsons gained critical acclaim for playing the socially awkward Sheldon Cooper in "The Big Bang Theory." Fans would even agree that Sheldon Cooper has been one of the biggest reasons why the show has continued to remain a success even after all these years.

In another report, it was noted that another reason why Parsons is also likely to leave "the Big Bang Theory" Season 11 is his new TV Show, "The Monarchy is Going to S**t," that he developed in collaboration with his long time partner, Todd Spiewak, for Freeform Network.

Meanwhile, in another report, the publication also noted that Sheldon Cooper may not entirely be written off from "The Big Bang Theory." Rumor has it that a "Big Bang" spinoff is in the works that will take fans into Sheldon Cooper's teenage years, shedding more light onto his character. However, for now, there is no confirmation from the actor or the showrunners about the spinoff or removal of his character from the show.

Even as the rumors about "The Big Bang Theory" Season 11 cancellation are doing the rounds online, fans continue to hope that there is another season in store for them. However, most wonder that if there is a season 11, what will transpire with the show's characters, especially Amy and Sheldon. Speculations are rife that Amy and Sheldon will marry in the next season which automatically negates the rumor about Parson's exit.