The Sun published claims the actor told fans while filming on location in Essex this week that he may decide to not sign a new deal when his contract expires in November.
The paper quotes him as saying: “This takes up my life this does. I ain’t signed yet. I’m meant to sign in October but I might elbow it.”
However, a spokesperson for the soap has insisted Danny will be staying on as pub landlord Mick Carter.
The show’s new executive producer, John Yorke, was previously said to be persuading Danny to re-sign, as part of his plan to rejuvenate the ailing soap, after he took over following the sudden departure of former boss Sean O’Connor.
It was recently revealed Danny and co-star Adam Woodyatt are the soap’s two highest-paid stars, when the report into BBC salaries put them in the £200,000 and £249,999 earning bracket.
Danny’s character is about to take centre stage in the coming weeks, as his wife Linda - played by Kellie Bright - returns to Albert Square after months away.
There will be a special three-hander episode on Tuesday (8 August) featuring the couple and Whitney Dean, where Mick will confess to kissing his daughter-in-law.
The Carter family also have some dramatic scenes ahead, after they were spotted filming a stunt sequence involving an over-turned ambulance this week.
Catch up on all the latest soap news and spoilers here.