Eurogamer has been told by a source close to Canadian development team, Blue Castle, that the studio is working on Dead Rising 2.
"Everyone's really excited; the team has obviously seen the rumours and it's been hard to keep quiet, but they can't wait to show off the game," said the source.
"It's getting around - there is something amazing being built here at Blue Castle behind locked doors."
Blue Castle has previously developed two baseball titles with 2K Games: The Bigs and the recently announced MLB Front Office Manager.
No other details are forthcoming at this time. Capcom has declined to comment.
By Mike Bowden