Convicted political fundraiser Tony Rezko’s sentencing is officially on hold in Chicago.

U.S. District Judge Amy J. St. Eve on Wednesday granted prosecutors’ request to strike Rezko’s scheduled October 28th sentencing date.

St. Eve set a status hearing for December.

Earlier this week, prosecutors filed a motion to delay the sentencing “while the parties engage in discussions that could affect their sentencing postures.”

The request all but an acknowledges Rezko is talking to investigators about what he knows about corruption in state government.

He was convicted on charges of launching a $7 million scheme to use his clout with Governor Rod Blagojevich’s administration to pressure a contractor and firms wanting to do business with the state for kickbacks.