Hyderabad:CM Kiran Kumar Reddy may resign to Chief Minister post when the deadline set by the President of India for sending legislature opinion on draft Telangana Bill ends on January 23, said Telugu Desam senior leader, Ravula Chandrasekhar Reddy opined that .

In a brief talk to reporters at Assembly lobbies, he said that in all likely hood Kiran and team may put in their papers as the fight against bifurcation would prove futile when the debate come to a logical conclusion. His comments assumed significance at the time of rumors making rounds that Kiran will float a new political party by resigning to his post by this month end.