The no-contract Motorola Moto G is apparently ready to hit Verizon's network, as an image of the Verizon-branded device in its retail packaging has leaked online.

With the Moto G, Motorola wanted to deliver a smartphone for the masses, packing some impressive specs and features into a cheap, no-contract handset. When it first announced the Moto G, the company said that its new smartphone won't reach the U.S. until early 2014. Motorola had a change of heart, however, and released the GSM version of the handset early in the U.S.

While the GSM version of the Moto G works on AT&T and T-Mobile's networks, Verizon and Sprint need the CDMA model of the smartphone. Motorola said that it would launch the CDMA Moto G in January, and it now seems that it's right on track.

Thanks to a leaked image showing the device in Verizon retail packaging, the Moto G's launch on Big Red's network seems to be getting closer. The image popped up on Google+ courtesy of user Josue Joseph.

"Look at what just arrived!!" posted the user on his Google+ page.

According to his profile, Joseph works at Best Buy Mobile, which suggests that Verizon has already started to send out inventory to retail stores so they have it in stock when it becomes officially available. The user mentions that the smartphone is not available for sale yet, and says he doesn't know when it will launch. He further speculates that the Moto G will likely cost about $100.

If this proves to be accurate, the Verizon Moto G would match the price of the handset on UK carrier Tesco, which is selling the smartphone but requires it to be connected to its network.

As a reminder, the Motorola Moto G sports a 4.5-inch 720p display and packs a quad-core Snapdragon 400 processor clocked at 1.2GHz under the hood. Other specs include 1GB of RAM, a 5-megapixel rear camera, as well as a 1.3-megapixel front shooter. In terms of software, Motorola recently started updating the Moto G to the latest Android 4.4 KitKat, which is a big win for a low-cost device.