A crucial meeting is currently underway between President Maithripala Sirisena and Prime Minister Ranil wickremesinghe at the official residence of the President.
The meeting comes just two days ahead of debate on the no-confidence motion against the Prime Minister.
A group of UNP Cabinet ministers are also taking part in the meeting, top government sources added.
It is learnt that the President is seeking to get the Prime Minister's consent to resign from office, before the debate on the no-confidence motion.
However, informed sources within the UNP said there was absolutely no need for the Prime Minister to resign from office.