Report: Grand Theft Auto V “well underway,” 2012 release “pretty likely”

Grand Theft Auto V is in development for release next year, sources “close” to Rockstar have told GameSpot. The game is reportedly “well underway,” with the final touches such as mini-games currently being applied. The 2012 release was said to be “pretty likely,” and the game’s scale vast.

“It’s the big one,” said the source.

Earlier today, SystemLink discovered the resume of a Rockstar New England employe who “made and put in a mini-game system which is driven by data [and] can be edited on the go” for an unannounced game for PlayStation 3 and Xbox 360.

Previous rumors have labelled the game as a Los Angeles-based Grand Theft Auto.

Grand Theft Auto IV, released in April 2008, sold nearly 20 million units worldwide.