Konami cancels Coded Arms: Assault?

The rumor mill has been pretty active lately, and even more so as it's been alleged that Konami's first person shooter, Coded Arms: Assault, for the PS3 will be shipping no more.

While there's been no official word yet from the publishers themselves, word nonetheless already spread like wildfire around the internet community. So, where did this blaze come from? Supposedly, from the Japanese magazine Famitsu. Originally set for a release come the second quarter of this year, it appears that we may never see it at all anymore...