EGM are this week reporting rumour that Max Payne 3 is being developed by Rockstar North - home of the Grand Theft Auto series. The action series was originally crafted by Remedy (where Alan Wake is now in the works).

VG247 also cite an insider source as confirming that the studio are hard at work on a brand new IP, in addition to the GTA IV Xbox 360 exclusive DLC that is due out later this year.

The blog's source however, seems to cast doubt on whether the firm's new creation will make release: "It’s not 100 percent sure it’ll ever see light of day, anyway," they said.

No more details on this yet - but we'll keep you in the loop as we learn more.

By Luke Guttridge

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