Issue: Microphone recording output, not input..

I'm having a strange and frustrating issue with my Creative Labs Fatal1ty Gaming Headset; it has recently begun recording the sound my desktop makes (output) instead of my voice (input).

I've tried everything to get this to work, but nothing seems to be going correctly.

My jacks are plugged in correctly.

Also, I recently updated my Realtek drivers (in an attempt to fix this issue), but now it doesn't show up properly on my computer. (Edit: The Realtek issue has been fixed, but my microphone is still only recording desktop noise instead of my voice.)

I'm going to try and reorganize this for people looking. My original post is lacking in details.

ISSUE:
My microphone is not recording input at all. In fact, the only thing it IS recording is my stereo input (aka, what I hear from my earphones).

A day ago it was working properly, and then I attempted to stream my gameplay using Livestream.com's Procaster program. I THINK this is when things messed up, as afterwards when I attempt to speak to someone through voice chat I am instead just telling them whatever I'm hearing at the moment.

ATTEMPTS TO SOLVE:
I've thoroughly inspected my Control Panel settings and checked what's up with the microphone - I have four items there under the recording tab when managing my audio devices: "Internal AUX Jack", "Mic in the rear panel (Pink)", "Microphone (my laptop's internal microphone)", and "Stereo Mix". The odd thing I've noticed is that the volume bar for "Mic in the rear panel" goes up and down in tune with what I'm hearing. So far, fiddling with the options here does nothing.

I use Realtek HD Audio Manager and have updated it to the highest driver versions. I've checked the settings for this and am unable to find anything that can help me.

sorry for diggin' this out again, but my pc just came up with the same problems...
anyone an idea how to solve this strange problem?