05/27/2010 12:38 pm ET Updated May 25, 2011

Rosie Huntington-Whiteley Replacing Megan Fox In 'Transformers'? (PHOTOS)

UPDATE: It's confirmed. JustJared.com reports:

Director Michael Bay is friends with Ed Razek, Chief Marketing Officer for Limited Brands, Victoria's Secret parent. Sources reveal VS has even used Michael's house to film commercials.

In fact, this isn't the first time Michael and Rosie have worked together. Just last year, Ed tapped Michael to direct an action-packed Victoria's Secret commercial starring British beauty Rosie and other VS angels.

PREVIOUSLY: Last week Megan Fox was reportedly fired from the third installment of 'Transformers,' though she says she quit.

According to The Wrap, sources from the movie say Michael Bay has already found a replacement: supermodel Rosie Huntington-Whiteley. AICN first mentioned Rosie as a possible replacement last week.

Would you rather watch Megan or Rosie? Or someone else? Leave your casting suggestions in the comments.