The Otago Daily Times believes the prop, who was coming back from a snapped Achilles tendon, has failed to satisfy the Welsh club's concerns over his fitness.
The club has a clause in all its players' contracts that players must play a minimum of games in a season or face termination of contract.
Former All Black and Otago lock Simon Maling was cut by the club earlier this year because of a lack of rugby due to injury.
Meeuws, who turns 35 next month, had stated a desire to return to Dunedin but Otago coach Steve Martin could not be contacted yesterday to say whether the union would want Meeuws back to play for Otago.
Meeuws played 40 games for Otago and 47 for the Highlanders and left to play for Auckland in 2002.
He then left to play rugby for France in 2004 before moving last year to Llanelli where he signed a two-year contract.
