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Nick Cannon is not ready to reveal if wife Mariah Carey is pregnant with the couple's first child after speculation hit a fever pitch when new photos of the star sporting a slight bump hit the web yesterday. BUT he did make it seem as if an announcement may be coming soon!

"There's a certain time limit that you're supposed to wait before you actually can officially say that you are. You've got to take all those things into factor and it gets really heightened when you're one of the most famous people in the world because you don't want to mislead anybody," Cannon told New York's 92.3 FM Monday, referring to the customary three month mark.

But don't expect Nick to be the one to spill the happy news. "I've said it before and I'll say it time and time again -- when my wife feels like talking about whatever she wants to talk about, you will hear it directly from her," he said.

So if she really IS preggers, she's got to be a least a few months... so hopefully we'll be hearing some good news sometime soon!