The experienced left-back was signed from QPR in the summer but injury problems have hampered him while at Forest and the recent signing of Julian Bennett from Walsall means his first-team prospects are slim.
Blackpool manager Simon Grayson confirmed he was keen on another Forest player as well, saying: "I met Gary Megson before our home game against Oldham the other week and I also know him because I've asked about a couple of his players."