Due to these images being leaked, Michael Phelps could possibly lose the medals he won during the 2012 Olympic Games in London, even though he had nothing to do with the leak.

Michael Phelps could be in hot water -- not the cold bathtub he appears to be in -- for his recent photo shoot with the French luxury fashion house Louis Vuitton.

Photos of Phelps taken by famed photographer Annie Leibovitz were leaked on the Internet late last week, violating the International Olympic Committee's controversial Rule 40, which states athletes can't promote any non-Olympic sponsors from July 18 to Aug. 15. Read More