The actor, who was last seen on screen in Brothers, hasn't signed the contract yet but is most likely to be one of the judges.
The last season of the show was judged by actor Shahid Kapoor, Malaika Arora Khan and Lauren Gottlieb. While Shahid made his TV debut with Jhalak, Malaika replaced filmmaker Karan Johar who had to leave mid-show.
If all goes well, Jhalak could turn out to be Jacqueline's TV debut. However, it will be interesting to see if Madhuri Dixit or Malaika Arora Khan continue to be a part of the show.
The speculated contestants' list for the new season includes the names of Shakti Arora, Ruhanika Singh, Keith Sequeira, Siddharth Nigam and Jigyasa Singh, among others.