At least not for a WR who is expected to start, such as Nicks or Gordon. Could we trade a mediocre player for a medicore WR such as Hughes for Sheppard? Sure, but we are NOT trading for a starting WR. It would have happened by now. Yes, Colts players were given the week off for the bye but bringing in a new player would have allowed for them to learn the playbook as well as let them fly in, take their physical, find a place to stay, etc.
At the end of it, I hope Colts fans are content as I am. Colts will feature Fleener, TY, and DHB more, while trying to get Brazill and maybe (hopefully) Whalen up to speed. This is the best plan in my humble opinion.