The Google Play has assured that Android 4.1 Jelly is available for the Galaxy nexus, if you are looking for the further information and want the most reliable source then you are on right way. Here you will find the exact description according to your area of interest.

XDA-Developer Forum:

According to this forum the Samsung’s Galaxy Nexus is upgradeable to the Jellybean, mostly the user’s considered about the changes regarding the new OS which will be Android 4.1 rather than the 5.0., however you can upgrade it according to your concerning interest.

Galaxy Nexus Update:

The best part about it though is that the Galaxy Nexus does appear to be the first mobile phone to obtain the update to Android Operating system 4.1. Google’s plan has always been to get new up-dates out to Nexus gadgets first, while providers and OEMs add their application and themes to the upgrade before forcing it out to their own gadgets. It has always been the purpose to fat for a Nexus system when buying a new Operating system mobile phone and it seems Google is continuous to its launch pattern.

Google Play confirmation:

Just to add to the already great objectives, it seems Look for Google has also modified the Galaxy Nexus’ thumbnail picture on Google Play, with it seemingly showing a new search bar that is similar to the one discovered in yesterday’s Google I/O application launch. While none of these factors have specified evidence of anything, the gossip is indeed more than the sum of its areas.

In Bottom Line:

Whatever is it rumour or not we are looking for the more news regarding the upgrade of Samsung Nexus. Most rumors are also concerning with the Google I/O lets see what are these rumors will create the impact on Samsung Nexus. For further details we are waiting for the further news as well to confirm that these rumors are true or not.