ISLAMABAD- Punjab Chief Minister Shahbaz Sharif today denied reports that the Pakistan Muslim League-Nawaz (PML-N) government was considering his resignation as a means to end the political crisis.

Earlier in the day a private news channel reported that Prime Minister Nawaz Sharif was informed about the decision of Shahbaz Sharif 's resignation from the post of Punjab chief minister during a meeting held between the two brothers today at Jaati Umra.

Punjab Law Minister Rana Mashhood categorically rejected the reports that the option of Shahbaz Sharif 's resignation was under consideration. Earlier, the Pakistan People's Party leader Shaukat Basra had claimed that the government was ready to register the First Information Report over the Model Town incident, which had claimed the lives of at least 14 people on June 17, and was also considering the option of Shahbaz Sharif 's resignation.

Basra had further said that Raja Ashfaq Sarwar and Mujtaba Shuja were being considered as options for the post of chief minister if Shahbaz were to resign.

A senior PAT leader Amir Fareed alleged that PM Nawaz Sharif had offered former president Asif Ali Zardari to become the President of Pakistan. The claim could not be verified by PPP sources.