TimeSplitters 4 is not in development, says Crytek UK

Following reports earlier this week that TimeSplitters 4 had been seen running, Crytek UK (formerly Free Radical) has responded by saying that the game is not in development.
When approached for a reaction to the “seen running” claims, Crytek UK said “No, it’s not in development.”
Frankly, that’s rather upsetting. TimeSplitters is a franchise that deserves more than a pre-mature death in the form of 2005’s TimeSplitters: Future Perfect. 
The entire Crytek UK statement on the state of TimeSplitters 4 is as follows (as handed to CVG):
“For Timesplitters 4, with ever spiralling development costs, massive teams and endless crunch we decided on a more radical development strategy.
“In short, the experiment was to implement the infinite monkey theorem. With cloning being a far too expensive option, we spent all of the development budget on buying monkeys on the black market.
“Those seven monkeys are now sat in a room with typewriters and lots of mirrors, and we fully expect Timesplitters 4 to be finished soon. Rumours are that they haven’t written any code but just tease the press from time to time. Those damn monkeys.
“PS: anyone got any bananas?”
Source: CVG