Israel's government was in turmoil on Friday after one of Benjamin Netanyahu's main coalition partners said there was "no possibility" the government could keep working and called for early elections.
What's next: Netanyahu is scheduled to talk to all the coalition party leaders on Sunday before announcing an election date.
Contradicting the initial reports, Israeli media said that Netanyahu put out a statement claiming the rumor was false, saying that he will take on the role of defense minister and warned of toppling a right-wing government.
Defence Minister Avigdor Lieberman quit Wednesday over a cease-fire deal for Gaza, taking the rest of his hawkish Yisrael Beitenu party with him and leaving the coalition with a single seat majority in parliament.
Later, another key member, Arie Deri, leader of ultra-Orthodox Shas party, echoed Kahlon, calling for early elections.
Netanyahu "stressed the importance of making every effort to preserve the right-wing government and not to repeat the historical mistake of 1992 when the right-wing government was overthrown, the left came into power and brought the Oslo disaster to the State of Israel", according to the Prime Minister's Office.
Couple, homeless man charged in charitable scam
McClure and her boyfriend Mark D'Amico then set up a GoFundMe page to help Bobbitt, raising almost $400,000 from well-wishers. Coffina added the trio may have gotten away with the scheme had the dispute between Bobbitt and the couple not become public.
Netanyahu said in his statement after the meeting that he had told Bennett of his intention to keep the defense portfolio "in the light of the critical challenges now facing the State of Israel".
Following two days of Israeli airstrikes across Gaza, the Hamas movement agreed to an Egyptian-brokered ceasefire with Israel earlier this week, causing the uproar among Jewish settlements surrounding Gaza.
In a statement released after the meeting, Kahlon said, "The stability required at this time is not achievable in the present situation, and therefore the responsible act is the establishment of a new, strong and stable government".
The criminal investigations have barely damaged the Prime Minister's standing in the polls or his popularity. If early elections are called, they could be held by March 2019.
Likud would receive 29 seats, with opposition party Yesh Atid coming in second with 18 seats.
The Gaza violence had erupted on Sunday with a botched Israeli special forces operation inside the territory that turned deadly and prompted Hamas to vow revenge.