Partial Source:

The latest report is that Daniel Bryan applying the Yes Lock to Shawn Michaels on Raw was the company's way of ending the Michaels vs. Bryan storyline. At this time, Michaels will be off WWE TV until he is needed again.

There had been several rumors (especially after his involvement in the Hell in a Cell match) that Michaels could come out of retirement to work another match, but at this time, there is no talk of Michaels returning to the ring as we've been reporting.