Breaking News: Has Criss & Holly’s

romance flamed out after four months?

Criss Angel and Holly Madison.

Photo: Ethan Miller/Getty Images

Vegas DeLuxe is monitoring the presumed end of the romance between Mindfreak magician Criss Angel and The Girls Next Door Playboy beauty Holly Madison. Reports have begun in the past hour that the “inseparable couple” has decided to call it quits.

More on this developing story as we get further details, but apparently the couple has decided that their business schedules were in too much conflict to allow the romance to continue on a positive basis.

Holly is anxious to expand her showbiz career, and that revolves around a Los Angeles base rather than from the Luxor hotel suite here in Vegas where she has been living with Criss. He stars there in the Cirque du Soleil illusions spectacular Believe.

Reports indicate that the split is mutual and in the best interests of the couple who plan to remain “best friends.” It’s shocking news to Vegas observers who in recent weeks have seen the couple constantly together and lip-locked at various nightclubs. They first went public with their romance at the Oct. 31 premiere of his magic show at the Luxor.

The couple spent a “honeymoon-styled” vacation in Cabo San Lucas last month where they stayed at the hot jet-set haven known as ME with its luxurious Nikki Beach pool club and were joined by American Idol judge Paula Abdul.

I was with them as recently as 10 days ago when they were cuddled up on a couch near me at LAX when Vegas played host to the Sports Illustrated swimsuit models.

There’s likely more to come as we check in with everybody involved.

CHRONOLOGY: CRISS & HOLLY

Oct. 31, 2008: They show up together for the premiere of Believe.

Photo: Scott Doctor

Holly Madison, without Criss Angel (at least for this shot), at the black carpet premiere of Believe.

November & December 2008: The couple is seen often carousing at various nightclubs in town and discusses romance while attending the red carpet premiere of Paris Hilton’s Repo! The Genetic Opera!.

Photo: TVT

Benji Madden, Paris Hilton, Holly Madison and Criss Angel.

Criss and Holly Talk Romance

Dec. 31, 2008: Holly’s parents meet Criss for the first time.

January 2009: They go on vacation in Mexico.

Photo: Tom Rutan

Holly Madison, Criss Angel, Ice-T and Nicole "Coco" Austin.