A new Rare scribe was posted yesterday, and the company pretty much brought the hammer down on the rumor mongers. Rare revealed that they are not working on a new Jet Force Gemini or Mr. Pants game, but more importantly, Rare put the kaibosh on the Killer Instinct 3 rumor mill. Sorry KI fans, the denial sounds genuine.
"Purely out of contractual obligation, no, we're not working on KI3..."