Mafia 3 is in development at 2K Czech for Xbox 720 and PlayStation 4, according to a new report.

2K insiders have told Eurogamer.cz that the next chapter in the series will be out by the end of 2013 for next-generation consoles. According to sources, the game was originally in development for Xbox 360 and PlayStation 3, but the studio decided to make the switch to next-gen consoles last summer.

2K Games is yet to comment on the rumor.

Would you like to see a next-gen entry in the series? Share your thoughts in the comments below.