Way back in 2005, Koei showed off an action game for the PS3 called Ni-oh. While details were very slim on it, the game was about a group of monks assigned to protect Buddha. Ni-oh is based off a script of a movie penned by the famous Japanese director Akira Kurowasa. The movie, which was set to be Kurowasa's sons directoral debut, was cancelled, and after no new info on the game for several years, many wrote the game off as well.
However, the latest Famitsu confirms that the project is still in development, exclusive for the PS3. Details outside of that are still slim.