Scalebound on the Verge of Being Cancelled?

UPDATE: Microsoft has confirmed that Scalebound has indeed been cancelled.

One of the most anticipated games of 2017 for Xbox One owners may be in trouble. Kotaku is reporting that, according to various sources, the action title may be in trouble of being shutdown, despite its original release date (before being delayed) being scheduled for right around this time.

Scalebound was being developed by PlatinumGames with famed director┬áHideki Kamiya, best known for his work on Devil May Cry, Resident Evil 2 and Okami, at the helm. It would be a shock if the project was shutdown so far in development, especially considering PlatinumGames’ stellar track record for getting their games released in a timely manner.