It seems not every big studio can keep their games running, with rumours from Kotaku that the next instalment of the Final Fantasy series may have been put on indefinite hold. While no official word has been given, Kotaku has gained word that the vaporware title, Final Fantasy Versus XIII, is no longer in production at Square Enix.

One source tells Kotaku that Final Fantasy Versus XIII was officially cancelled within the last few weeks. The decision impacted morale at Square Enix and staff were reportedly saddened by the move.

Square Enix, this source added, has also decided to let Final Fantasy Versus XIII die quietly on the vine and fade away, instead of officially announcing its cancellation. This would likely be due to the fact a public acknowledgement of a Versus’ cancellation could impact things like Square Enix’s stock prices.

With the last trailer that hinted at any existence of the title was over three years ago, many fans are hoping that the game and its assets have been simply absorbed into a larger project at Square Enix.

Many are hoping that the Final Fantasy event coming up in Tokyo will give some official word on the whereabouts of Versus XIII, however it seems unlikely with no stage events having been announced that centre around the unreleased title.

Hopefully Square Enix will release an official response, but until then it looks like any hopeful fans should start looking forward to later releases.