Namco Bandai has confirmed to Gamasutra that it has taken back Splatterhouse from Californian studio Bottlerocket.
"Yes, we have decided to part ways with BottleRocket Entertainment, but we are committed to bringing Splatterhouse to the Xbox 360 and PlayStation 3 later this year," said a representative of the firm.
"At this time, we are not ready to discuss specific development details about the game, and wish BottleRocket the best of luck in their future endeavors."
Formed of ex-Sony employees who worked on the Mark of Kri series, Bottlerocket is believed to have no other projects in production.