It appears that Tom Cruise is staying put on his new project after all. Fox News reported on Saturday that Tom Cruise was apparently out as the star of the upcoming film, Edwin A. Salt, but apparently that is not true.

Moviehole has confirmed from "high-ranking sources within the production" that Will Smith isn't involved in the film.

"The studio, producers,director and potential star (Cruise) are all waiting on a rewrite of the script from Kurt Wimmer,which is due in a few weeks.Will Smith has not been approached to star. Cruise is the only actor who has been approached."

However, another source told the site that while Cruise is the only person to be approached for the title role, Cruise is not officially on board yet and is waiting on the script to determine his involvement.

We'll keep you updated on this story as more information comes in.