Charlie Sheen May Serve Jail Time in Plea Deal

5/28/2010 2:30 PM PDT

Charlie Sheen May Serve Jail Time in Plea Deal

TMZ has learned Charlie Sheen's lawyers and prosecutors have reached an agreement on four different options for resolving his domestic violence case ... and one involves serious jail time -- and now it's all up to Charlie to choose one.

Multiple sources connected with the case tell us ... these are the options the D.A. in Aspen and Charlie's lawyers have hammered out.

OPTION 1:  Charlie will plead guilty to a misdemeanor and serve 30 days in Aspen jail.  Charlie could enter the plea as early as June 7 in Aspen and would then immediately begin serving his time.  With good behavior, that time could be whittled down to 17 days.  After he serves his sentence, the case would be over.  Charlie would not be placed on probation.

OPTION 2:  Charlie would plead guilty to a misdemeanor and receive no jail time, but would be placed on 2 years probation.  We're told Charlie's people worry that the actor might slip up and the judge could then throw the book at him and Charlie would end up in jail for a much longer period than 30 days.

OPTION 3:  Charlie would receive a "deferred prosecution" -- meaning the case would not go forward but Charlie would agree to various conditions -- including not breaking the law.  After a certain period of time -- if Charlie complies with the conditions -- the matter would be expunged from his record.

OPTION 4:  Go to trial and fight it.  Charlie, we're told, is upset at the Tito Ortiz case ... where the UFC star did not even get prosecuted for allegedly doing a lot worse than Charlie allegedly did.

We're told Charlie has not decided which option he will take.  It's all in his hands.