Michael Graziadei will be sticking around Genoa City for the foreseeable future.

According to reports, the actor has signed a new contract with The Young and the Restless. The details aren't known, but the timing is perfect.

Graziadei's character of Daniel Romalotti began a big storyline this week, as he's gone undercover for the FBI.

Matt Richenthal is the Editor in Chief of TV Fanatic. Follow him on Twitter and on Google+.