Barkley appeared on "The Dan Le Batard Show with Stu Gotz" on ESPN radio and spilled some Hall Of Fame tea ... saying the picture of him and Michael side hugging last month was nothing more than a photo op.
"We just happened to be at the same place at the same time. I love him like a brother but we are not back to where we used to be."
The third man in the photo, Kenny Smith, had told TMZ Sports Barkley and Jordan did in fact bury the hatchet that day ... but clearly, it ain't that buried.
As for the origin of the beef, Barkley says Michael got upset at criticisms CB made publicly about MJ's performance as the chairman of the Charlotte Hornets.
Barkley says he misses his friend -- but he's a professional analyst and won't apologize for doing his job.