According to a new report Miranda Kerr and Orlando Bloom might be on the brink of a divorce.

An Australian magazine reported this week that the Victoria's Secret model and the actor have both been spotted out without their wedding rings on in recent weeks. Even more interesting, friends of the couple believe their marriage might be in trouble.

"She's not wearing her ring, and she's had a lot on her plate – it could be that somewhere along the way her relationship with Orlando may have slipped between the cracks," a friend told Australia's Famous magazine.

Another friend added that the marriage between Orlando, 35, and Miranda, 29, "might be on the rocks."  The couple tied the knot back in July 2010 and have an 18-month old son, Flynn.

Orlando's reps have yet to speak out though Miranda's reps insist all is well between the couple: "There is absolutely no truth in the headline or story."

[Photo Credit: M Van Niedek / PR Photos]

TELL US - DO YOU BELIEVE THERE IS TROUBLE IN PARADISE FOR MIRANDA & ORLANDO?