Moses featured in 69 games for the south London side after graduating from the academy, scoring 11 times, before a move to Wigan came about on the final day of the 2010 January window.
Since departing the club, the Nigerian international has gone on to win the Europa League, Premier League and FA Cup during a five-year stint at Chelsea.
More recently, the Blues have deployed the winger in a full-back role, but he has only taken to the field for 26 minutes in the league this season under Maurizio Sarri.
As for Palace, the Eagles are struggling for goals and often rely on wingers Wilfried Zaha, Jordan Ayew and Andros Townsend to play as a striker following Christian Benteke’s lengthy knee injury.
Between the Selhurst Park regulars, only Zaha has found the net and leads the club’s tally on three goals. Luka Milivojevic’s two penalties against Arsenal place the midfielder second.
Calciomercato now understands Palace are looking into potentially bringing their product back to the club, with Moses recently claimed to be considering his future at Stamford Bridge.
Bringing in Victor Moses, who is valued at £18million by TransferMarkt, would give the former England manager another option to deploy on the wings and in doing so free up one of Zaha or Townsend to play as the striker.
At 27, Moses also still has a lot of his career ahead of him, and would easily be a welcome addition to the Eagles as an upgrade on Townsend, who has often not been at the races since his Tottenham departure.
Roy Hodgson making the transfer happen could be the difference between relegation and survival, as it is impossible to rely only on Zaha producing the magic with his quick feet for a whole season.
Moses would also bring his title-winning experience to the side, having learnt to add a defensive element to his game under the management of Antonio Conte.