Maybe, but from what we know of Walt Jocketty and leaks regarding the machinations of his proceedings, I doubt it is coming from the Reds. The big trades with the Reds tend to become known in the last portion of the process. Latos and Choo, became public knowledge at about the time the commissioner's office was being submitted paperwork. Broxton was the same, as was the supposed Denard Span trade.
The only two trades that Walt got involved with that we heard about beforehand, didn't get done, those being Cliff Lee and Umbaldo Jimenez.