Despite a recent cover story in EGM, it seems that United Front's True Crime: Hong Kong may not make it to retail. Speaking with anonymous sources, Eurogamer reports that not only has True Crime been cut, but Activision's Guitar Hero franchise is also no more.

If that weren't enough bad news, the report also claims that DJ Hero developer Freestyle Games has suffered "severe layoffs," though it's unclear whether the series has been affected by the alleged redundancies. We've contacted all the pertinent parties and will update this post as we hear more. A scheduled Activision quarterly financial call set to start shortly will hopefully tell us more.