Nope
Back to the orriginal question...
*** SPOILER ***
I think that it is possible... seeming that there was a strong connection between M and that guy, that and M's weird face at the end... However, if there was a maternal "thing" going on here, I suspect that there may have been more clues.
It could just be that M and that guy (what was his name again?) were close friends, and Electra was like a daughter to her.
Chromy