According to TNA sources, there has been no determination made regarding the future of Jeff Hardy with TNA Wrestling. It's very possible that it won't even be discussed until after his April 20th court date. He's been telling TNA management for months that everything is going to be fine but they have a hard time trusting him for obvious reasons.
Jeff Hardy is not backstage at this week's TV tapings and rumors of him returning as a babyface are false. To be honest, there haven't even been any talks regarding that. The Hogan promo several weeks ago way the way of writing him off TV.