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'B&B' Spoilers (Wednesday, January 11): Bill's Cunning Move Appalls Steffy and Finn

Sheila Carter is set free. Bill Spencer's cunning move outrages Steffy Forrester and Finn Finnegan. Plus, Mike Guthrie looks back at his most fabulous moments with Sheila. Here's a peek at what's happening on Bold and the Beautiful for Wednesday, January 11.

Mike Walks Down Memory Lane

Mike Guthrie has the chance to visit Sheila Carter. B&B spoilers tease the former jail guard couldn't help but reminisce about his time with the notorious criminal, especially the good ones.

Mike and Sheila go a long way. And even though Sheila was the reason why he's in jail, Mike still seems to care about her. But is it the same with Sheila?

Bold and the Beautiful spoilers tease that Sheila is happy to see her old pal. However, she seemingly brags about having someone else to help her get out of prison, noting that she doesn't need his help anymore. Looks like Mike has been tossed aside by Sheila — at least for now.

Bold and the Beautiful: Mike Guthrie

Pic credit: CBS

Steffy and Finn Outraged

Steffy Forrester and Finn Finnegan have no choice but to play Bill Spencer's game. Bold and the Beautiful spoilers for Wednesday, January 11, reveal the couple is enraged by Dollar Bill's cunning move.

Steffy and Finn were forced to drop charges against Sheila Carter. Bill blackmails them. If Sheila goes to jail, so does Taylor Hayes.

Now Steffy and Finn have to live with the nightmare of having Sheila around. Not only that, but she's also with Bill, who's definitely a force to be reckoned with. Imagine the chaos they could bring to the Forresters and Logans in a snap of a finger.

Bold and the Beautiful: Finn Finnegan - Steffy Forrester

Pic credit: CBS

Bill's Dirty Tactic Works?

Despite withdrawing charges, Steffy and Finn hope there will be enough evidence to put Sheila in jail. However, that may not happen at all. Bold and the Beautiful spoilers tease new evidence that changes the game for the toeless criminal.

Mike recently came forward to confess that he kidnapped Sheila from prison. There's also indisputable evidence supporting his claim. The judge concludes that Sheila is free to go.

Bold and the Beautiful: Bill Spencer - Sheila Carter

Pic credit: CBS

Now that Bill's sinister plan works, what's next? It doesn't look like their scheme ends there. Bold and the Beautiful rumors suggest he will continue to blackmail Steffy and Finn. This time, he might demand they accept Sheila into their lives.

It's only a matter of time before Taylor finds out about Bill and Sheila's agenda. Will she make the ultimate sacrifice and turn herself in on Bold and the Beautiful?