The long-serving skipper was widely believed to have played his last game for the club after being sent off against Sunderland.
He is out of contract at the end of the end season and his two-match ban ruled him out of the midweek draw with Liverpool and Sunday’s final game against champions Leicester.
Chelsea were planning a farewell tribute to Terry at their end of season awards ceremony on Thursday evening with a summer exit seemingly certain.
But, according to The Sun, the club contacted the awards organisers on Wednesday to tell them to take the tribute section out.
That has sparked speculation that Terry could now be in line for a new 12-month deal, taking his playing career at the Bridge into a 19th year.
The 35-year-old is wanted by clubs in China and across Europe, but has made no secret of his desire to extend his stay at Chelsea under incoming boss Antonio Conte.