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*From the outside it looks like Andy Cohen is having more fun than the law allows as host of Bravo’s “Watch What Happens Live.” But apparently looks can be deceiving because according Page Six’s Richard Johnson, Cohen is looking to exit the show.

If you hadn’t heard, Cohen is producing a new Bravo show, “Look Who’s Hosting Live,” where celebrities will come in and replace him. Some think it’s a clever way to find a celebrity host to replace him and possibly pave his transition to a new gig.

“Andy is over [‘Watch What Happens Live’],” said one insider. “He’s been doing that show forever. He wants to do other things. Taping every night at 11 p.m. is cramping his style.”

The report goes on to say that TV execs as saying the new show is just a disguised way of trying out potential replacements, and once Cohen is replaced, he’ll be free to succeed Michael Strahan and join Kelly Ripa at “Live with Kelly and . . .”

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On the other hand, a Bravo spokeswoman is disputing any6 talk of Cohen leaving.

“This is untrue. ‘Watch What Happens Live’ with Andy Cohen as host is continuing on the network and [was] recently renewed for another season.”

Describing “Look Who’s Hosting Live,” Variety said Cohen “turns the tables on celebrities who have envied his job and gives them the ultimate opportunity to host their own live late-night talk show, for one night only.”

Variety added, “From writing monologues, to picking their sidekicks and guests, these hosts-for-a-night will get the chance to live out their fantasy and design their dream show.”