UPDATE: Nearly three years after announcing his retirement from the film industry, Oscar-winning director Steven Soderbergh is heading back to the big screen.

Sources tell Variety that Soderbergh is attached to direct the feature film “Lucky Logan” with Channing Tatum on board to star.

Gregory Jacobs will produce the movie, which is currently a mystery, but sources say Soderbergh recently got his hands on the script and quickly fell in love with the premise.

No reps returned calls for comment. However, shortly after Variety published this story, Soderbergh said the report was “wrong” on Twitter. (An earlier version of this story suggested Matt Damon would co-star in the film, which is titled “Lucky Logan,” not “Hillbilly Heist.”)

Sources tell Variety that most of the major studios including Warner Bros., Sony and Fox are all lining up to acquire the hot package, and that a deal should be in place by the end of the week. Glen Basner is shopping the project.

Since his last feature film in 2013 (“Side Effects”), Soderbergh has focused his efforts on TV, directing the Emmy-winning HBO pic “Behind the Candelabra.”

Soderbergh and Tatum have a deep past, having worked together on “Haywire,” “Magic Mike” and “Side Effects.”

In 2012, Soderbergh had said prior to shooting “Side Effects” that the prescription thriller, which co-starred Rooney Mara, would be his final feature film, even though for years he had threatened to leave the biz.

Soderbergh, who won the best director Oscar for “Traffic” in 2000, will still have plenty to do in the TV world as he prepares to move forward with a third season of “The Knick” as well as his HBO pilot “Mosaic” starring Sharon Stone.

Tatum can be seen next in the Coen brothers’ pic “Hail Caesar!” and is set to start production on X-Men spinoff “Gambit” sometime this spring. He is repped by UTA and Management 360. Soderbergh is repped by Anonymous Content.

Correction: This story on Steven Soderbergh’s new film project erroneously reported Matt Damon would co-star in the film. Damon is not involved with the project.