He's the pantomime villain that we all love to hate, so the super-rich cast of Made In Chelsea will be all the poorer if rumours of Spencer Matthews' departure are true.

The Mirror newspaper reports a show insider as saying that the bad boy has decided the time is right to quit the scripted reality series.

"Spencer has had a brilliant time on Made In Chelsea but this is his time to go," the mole said.

But don't worry if you're a fan - because apparently he'll be back on the small screen soon.

"He is currently in the process of making his own reality programme which is going to be very funny," the source added.

"It's like nothing that's ever been seen before and people will be surprised.

"He's had to face a lot of stick for being a ladies' man but now it's time for people to see a different side of Spencer."

The news comes just a day after cast mate Stevie Johnson revealed that he is quitting the show.