Reports of the game's demise have been greatly exaggerated.

Final Fantasy Versus XIII is still in development, according to Square Enix CEO Yoichi Wada.

In a post on Twitter, Wada said he had just attended a meeting about the game’s development.

The tweet reads: “It appears someone is spreading false rumors of Versus XIII‘s cancellation. Ha ha… just now, a regular Versus meeting ended. If you saw the city presented today, you would be unable to stand, lol.”

The tweet comes after “several sources” tied to Kotaku claimed that the game was canceled, and that it would be allowed to “die quietly on the vine and fade away” to avoid damaging the publisher’s stock prices.

Originally announced in 2006, Final Fantasy Versus XIII is set to be released on PlayStation 3. Eventually.