Darkstalkers 4 in development since 2011?

It looks like Capcom could finally be prepping the next entry in the Darkstalkers franchise, VentureBeat reports.

An ‘inside source’ has told the site that Street Fighter 4 producer and fighting genre legend Yoshiniro Ono is heading up development on Darkstalkers 4. The game apparently uses a modified version of the Street Fighter X Tekken engine, which itself was modified from the SF4 engine. Ono was said to have started working on the game at the end of last year once development on SFxT finished up.

The franchise has been on an extended vacation for quite some time now, though fan favorite characters have popped up in iterations of the Capcom Vs. series. Is it finally time for this old favorite to return to the ring?