Spoiler alerts for "The Young and the Restless" indicate that one powerful secret will be revealed, in Genoa City, this week. Reed and Charlie will be overcome with guilt because they are the reason Charlie's grandmother is in the hospital. The young men will decide it's time to come clean to Nikki about the hit and run. With Cane and Victoria looking on, the boys will confess that they were the ones who hit her and left the scene. The Newman patriarch will admit that she had been drinking that night and should bear some of the blame for the outcome of the evening.

Nikki will say they should forgive each other, and leave the punishment for the teens up to their parents.

Reed and Charlie tell all to Nikki

Celeb Dirty Laundry reports that by the end of the week, Reed and Charlie will tell all to Nikki about the night of the hit and run. Charlie had been drinking, so Reed got behind the wheel even though he had a suspended license. A drunken Nikki staggered into the street and was struck by their vehicle. Because of the snow and ice, the teens were not aware that they actually hit a person.

"Y&R" spoilers indicate the teens will be accompanied to Nikki's hospital room, by Cane and Victoria, expecting the worst. Instead of being angry, however, Mrs. Newman will take responsibility for drinking and walking out in the path of the car.

She will decide that they all should forgive each other and that the boys' parents should determine what punishment is fitting for their crime.

A love triangle forms between Cane, Victoria, and Billy

Soap Dirt reveals that a love triangle of sorts will soon evolve between Cane, Victoria, and Billy. A confused Vicky found herself kissing both men this past week, and may find herself torn between them. She and Cane decided on Wednesday not to discuss their smooch ever again, but spoilers say the two will end up in an illicit affair.

Soap Dirt acknowledges that fans will not like this duo betraying Lily, but that this will be one of the last disastrous storylines written by Mal Young before he was fired.

Soap Dirt says that Victoria and Billy will discuss their kiss and decide the timing is not right for them to reunite. This may be a reason why she and Cane fall into each other's arms, as both realize the other.

The spoiler suggests however that the new head writer may nip this in the bud and in time "Villy" fans will see their favorite couple reunite. Be on the lookout for updated spoiler alerts and keep watching "The Young and the Restless" weekday afternoons on CBS at 12:30 PM EST.