Despite rumors to the contrary, Crytek has shot down the notion that the studio is currently developing TimeSplitters 4. The company joked to CVG it had attempted to employ the infinite monkey theorem to develop the game, but ran over budget after purchasing only seven monkeys. Thus far, said Crytek, the chimps "haven't written any code but just tease the press from time to time." In a more serious response, a Crytek spokesperson said quite plainly, "No, it's not in development."
Rumors of a Crytek-developed TimeSplitters 4 have been swirling for years now, with the most recent story popping up last summer, when PlayStation magazine reported that a new TimeSplitters announcement was imminent.