He may be without his tool belt (you can’t do “Home Improvement” without ‘Wilson’ and sadly, Earl Hindman has left us), but Tim Allen may be returning to Prime Time Television.

The actor, who has been living off “Toy Story” residuals for the past decade, is considering doing a series that’ll air in Fall 2011. Best bet is that it’s a new series, but that hasn’t stopped some from speculating that Allen may be in line to replace Steve Carell on “The Office”.

Says EW, “Tim Allen (Home Improvement) is looking to stage a return to prime time — as long as it involves the right project. “It will be huge,” predicts one manager of Allen’s comeback — if and when it happens. Another source indicated that the actor is taking “a few select meetings” with writer-producers, one of whom may include Greg Daniels (Parks & Recreation, The Office). Is there a chance that Allen could even join the staff of Dunder-Mifflin?”

Doubt it. Nobody wants to follow-up Steve Carell, especially not Allen.

The former “Home Improvement” star is currently working on two films for Disney : The comedy “Amigos” with George Lopez, and the Matt Carroll-written “Brothers”, a comedy centered around a pair of racially mixed adopted brothers who work together to prove they didn’t commit the crime for which they have been framed. Allen was also attached to reprise his role in a “Wild Hogs” sequel until Disney pulled the plug on the project.