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The latest "The Young and the Restless" spoilers for this week, Sept. 12 to 16, have suggested that a number of revelations are about to happen.

How could these revelations affect the lives of the CBS television drama series?

According to Celeb Dirty Laundry, the affair of Phyllis Summers (Gina Tognoni) and Billy Abbott (Jason Thompson) will finally be disclosed. 

As this happens, the Abbotts would reportedly be ripped.

Being the spoiled rich kid as he has always been, Billy would not mind her mother, Jill Abbott (Jess Walton), despite her raging about breaking his older brother Jack Abbott's (Peter Bergman) heart  should he find out that he is still sleeping with Phyllis, the entertainment site's "The Young and the Restless" spoilers shared.

As if trying to convince her son, even more, Jill would tell Billy that she feels like her heart is "giving out," but the latter would not buy her story.

True enough, Billy has every reason not to believe his mom since Jill, while talking to Colin Atkinson (Tristan Rogers), requests him not to reveal to her son that she is perfectly well.

"The Young and the Restless" spoilers further surmised that Colin, having learned about the dark secret of Phyllis, would approach Jack asking him to pay $1 million for him to share with him the secret of his wife.

Meanwhile, Victoria Newman (Amelia Heinle) would confront Phyllis and Billy about her suspicion. She would tell them to finally dish the truth about the two of them "after she sees something at Brash & Sassy that she should not."

The excitement is expected to get more intense since Jack would go back to Colin bringing the money that he is asking for.

This means that Jack is set to know the truth already, the Soap Hub "The Young and the Restless" spoilers have disclosed.