The prospect of a first Old Firm Scottish Cup final since 1999 looked on the cards are both sides were given favourable draws in the quarter-final.
The draw, which was announced on the official Scottish Cup Twitter account, saw Celtic drawn at home to Championship side Morton.
While Rangers have also been given a home draw against another Championship side in the form of Falkirk, meaning the two Glasgow giants will be firm favourites to make it through to the next stage, having avoided tougher competition.
The two other all Premiership ties see Aberdeen take on Kilmarnock and Motherwell taking on Hearts.
— William Hill Scottish Cup (@ScottishCup) February 11, 2018
The Old Firm have met at the semi-final stage of the competition in the last two season, with Rangers defeating Celtic on penalties in 2016 after the sides had drawn 2-2 and the Hoops gaining revenge in 2017 with a 2-0 victory.
The last Scottish Cup final between the teams in 1999 saw the Gers clinch the domestic treble thanks to a 1-0 win with a goal scored by Rod Wallace.
Both sides had different styles of victory in their quarter-final ties, with the Hoops being indebted to a James Forrest hat-trick which saw off Partick Thistle 3-2, while after going a goal behind the Gers eventually defeated Ayr 6-1.
If both sides can avoid an upset in the quarter finals, then they could well be one step away from another classic derby final – if they avoid each other in the semi final stage.
The quarter-final ties are set to be played in the first week in March, with the final itself set for Hampden Park on the 19th of May.
In other Celtic news, Future of Celtic enforcer in doubt after horror performance v Partick Thistle
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