New reports are saying that the "Dancing With The Stars" competitors have allegedly rekindled their once ended relationship. Maksim Chmerkovskiy and Peta Murgatroyd have been spotted walking arm in arm together in New York.

A source from US Magazine notes, "They've been spending time together. I wouldn't say they're back together. But they're definitely spending time together."

The two were once an item back in 2012 but seemed to have lost their spark around two years ago.

"Peta was wary at first since they fought so much and ended on such a bad note the last time," another source tells US, "but he has been working hard to really be a good guy to her and show her that he's changed."

"Following their split, the Ukrainian hunk dated model Kate Upton for six months. He was also briefly linked to Jennifer Lopez, though she tweeted at the time that she was single. And during season 18 of DWTS, fans obsessed over his chemistry with Olympian Meryl Davis. Many were convinced (or at least hopeful) that they were more than just dance partners, but both insisted they were friends," writes US Magazine.

Neither party has confirmed anything yet, but Chmerkovskiy has gone on the record saying he is indeed ready to settle down and looking for something serious.

"I raised so many children at the studio that I am ready to create one of my own," he says, "I am really ready to have a family now. I need an outlet. I have so much I want to give, and I need someone to give it to," Chmerkovskiy tells Social Magazine.