Rumor:Killer Instrinct 3 in development?

With all the recent Rare news being leaked there’s one more photo that’s pretty new, it shows a slide of Killer Instinct 3, a fighting game developed by Rare. Rare is composed of 4 teams total, 1 on Banjo kazooie, 1 for Viva Pinata 2, and 1 for Viva Pinata DS. That leaves 1 team left to possibly be working on KI:3.