Yes, it's possible. If it's not working, there's something else wrong with your code.
A proof of concept layout based on the ApiDemos sample Android app included in the SDK:
<RadioGroup
android:layout_width="match_parent"
android:layout_height="wrap_content"
android:orientation="vertical"
android:checkedButton="@+id/lunch"
android:id="@+id/menu">
<RadioButton
android:layout_width="wrap_content"
android:layout_height="wrap_content"
android:text="@string/radio_group_1_breakfast"
android:id="@+id/breakfast"/>
<LinearLayout
android:layout_width="match_parent"
android:layout_height="match_parent">
<ImageView
android:layout_width="wrap_content"
android:layout_height="wrap_content"
android:src="@android:drawable/btn_star"/>
<RadioButton
android:layout_width="wrap_content"
android:layout_height="wrap_content"
android:text="@string/radio_group_1_lunch"
android:id="@id/lunch"/>
</LinearLayout>
<RadioButton
android:layout_width="wrap_content"
android:layout_height="wrap_content"
android:text="@string/radio_group_1_dinner"
android:id="@+id/dinner"/>
<RadioButton
android:layout_width="wrap_content"
android:layout_height="wrap_content"
android:text="@string/radio_group_1_all"
android:id="@+id/all"/>
<TextView
android:layout_width="wrap_content"
android:layout_height="wrap_content"
android:text="@string/radio_group_1_selection"
android:id="@+id/choice"/>
</RadioGroup>
and the layout it produces: