I, for one, do not believe this. If the evidence for the position of the Earth in our universe is shown to be in one place, or another, it has absolutely no effect on our understanding and belief of Holy Scripture. I believe that many Traditional Catholics have come to be influenced in how they interpret the Bible by many fundamentalist Protestants who erroneously interpret the bible in a
literalist sense. This approach is foreign to the Church, and should be sternly rejected and condemned.
The Catholic approach, is the literal interpretation of Scripture. Reading Scripture with the understanding of
the meaning that the author of that passage of Scripture intended to convey. Independent of Science- which can err- we can place our confidence in the passages of the Bible regarding the Earth. It would be a heresy, in my opinion, to think that geocentrism is a required belief of Catholics. I remember St. Thomas Aquinas speaking on this point specifically (but I can't remember where right now). He said (something to the effect of:), that if our understanding of the cosmos would have changed, which it very well may do, it would not have any affect on our Faith at all.