Crytek UK, formerly Free Radical Design, currently hold the rights to the Timesplitters series, of which the last game, Timesplitters: Future Perfect was released on Gamecube, Xbox and PS2 in 2005. Since then development has been a bit bumpy, not Duke Nukem bumpy, but fairly uneven. A teaser pic of a monkey in Master Chief’s power armour surfaced in late 2007 but since then nothing has been seen, leaving many to assume that the game had been canned.
After Free Radical went into administration it appeared this rumour may well have been true. But, like a phoenix from the flames, Timesplitters appears to be about to burst back onto the scene and make a go at reclaiming its crown (Timesplitters 2 being the best selling FPS on PS2). A small note in the corner of this month’s (August 2011) Official Playstation Magazine reads:
“Gun-wielding monkeys are finally making a comeback! A fourth Timesplitters title is to be announced soon,”

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