Negative ghostrider. The big thing about the M3 is the lack of a wheel well in the trunk. This alots the M3 MUCh more space on the underside of the car, allowing for a quad exhaust system setup. What you COULD do is get a shop to custom construct and run two pipes with mufflers down to the rear. This has been doen many times before. It can really get expensive if you want to run the M3 exhaust, so I dont usually recomend it.
Good Luck and keep us updated o this project, hopefully you can make it happen!
1995 BMW M3 Turbo - Dakar/Black