According to Variety, after nearly three years in development, New Line comedy Nothing but the Truth has turned into a negative pickup for which the studio is handling domestic distribution.

In addition, teen thesp Ryan Pinkston has inked for the lead role.

Relativity is close to concluding raising funds and production is set to start in May with eyes toward a 2006 release.

Originally penned by Yoni Berkovits and Tony Dreannan, and later worked on by several scribes, it's being shot with a new draft written by Jon Lucas and Scott Moore.

In the pic, Pinkston (Quintuplets, Punk'd) plays a teen forced to live out a series of elaborate lies he told to impress popular kids.

The picture is being helmed by Comedian documaker Christian Charles.