Well it's not official yet konami left the project and P.T is being deleted of psn store konami hasn't said anything yet though buuuutt it might be true there is a strong possibility
I'm just hoping that they will pick the game back up later on down the line del toro is still very invested in the game so he's probably still pushing to have this game developed and published
*Sigh* that's just Konami's next step into becoming the new Crapcom -_-, especulation has been done for quite a while now, but i think it will end up being canned, it's a sad day for videogames you guys, a very sad day.