Epic Games is not retiring its $1 billion “Gears of War Franchise.”

So says Game Informer magazine, which features a story and a cover illustration about what the next Gears title will be.

Epic plans to announce full details on Monday at the E3 games conference, according to the report.

Curiously, back in April, reports circulated that a Gears title had been cancelled.

Game Informer’s new cover features a screen shot from the game, which would be the fourth in the multi-award winning series.

“Usually, we like to reveal the name and final cover art for our upcoming issue’s cover story the Thursday before it hits subscribers. This time we’re saving the full unveiling of the game’s title until Monday during Microsoft’s E3 press conference, but we can confirm that our next cover is the new installment in the Gears of War series and is coming to Xbox 360,” Game Informer says in a blog post.

“We figure this news and a glimpse of the shrouded Gears of War cover are least some consolation, as the image raises some interesting questions: Who is in chains, and where?”

Read more details here.

[EPIC ARCHIVE: Check out a decade of Epic Games stories as reported in WRAL Tech Wire by clicking here.]