Updated / Rumor: Just Cause 3 on for 2012

Update: Avalanche has poured cold water on this one. While not denying Just Cause 3‘s existence, the studio has said it is “not releasing any game in 2012.”

Original story: Open world action-adventure fans are in luck. A new rumor from Xbox World Magazine says Just Cause 3 is due out sometime next year.

The magazine writes, “Our spies say devs Avalanche are hard at work as we speak, and that [Just Cause 3] is set for release next year.”

A third entry in the series comes as a little surprise, however. Just Cause 2 was a hit for publisher Eidos Interactive, succeeding both critically and commercially.

Are you ready for a third Just Cause game?