GTA5? “Well under way,” says Take-Two sources

Having died down after an E3 no-show, rumors about the next Grand Theft Auto – presumably titled Grand Theft Auto V – are heating up once more.

GameSpot are citing “sources close to the Take-Two Interactive subsidiary” in saying that the next game in the crime saga is “well under way,” with finishing touches already taking place. According to these sources that makes a 2012 release “pretty likely”. Judging by Rockstar’s current schedule of launching a big console title every May, we’d put the next release down for that month.

The sources signed off by adding that “It’s the big one.” Well, duh!