The striker picked up a grade one hamstring pull against Everton on New Year's Day forcing him out of the draw at Old Trafford and the FA Cup win against Brighton on Saturday.
However, the in-form Mali hitman has been progressing well this week and could yet feature against the Blues.
Head Coach Martin reported this afternoon: "Fredi is back training with us. In fact, he trained today and he looked decent so we will make a decision on him tomorrow."
Martin Jol hasn't ruled Fredi Kanoute out of Saturday's big clash against Chelsea in the Barclays Premiership.