UPDATE: An update to this article can be read here.
Vulture is reporting that Angelina Jolie, who is currently shooting thriller The Tourist with Johnny Depp in Paris, has pulled out of the planned Wanted sequel and that Universal has decided to pull the plug on the film instead of recasting the role.
It was previously reported that Timur Bekmambetov was coming back to direct from a script by Evan Spiliotopoulos, and that James McAvoy was going to return as Wesley Gibson.
After finishing The Tourist, Jolie is now expected to star in Warner Bros.' Gravity, a space thriller to be directed by Alfonso Cuarón (Children of Men, Harry Potter and the Prisoner of Azkaban). Cuarón wrote the script with his 28-year-old son, Jonás.
Vulture says that, in Gravity, "Jolie would be alone on-screen for much of the movie, playing the sole surviving human member of a space mission, desperately trying to return home to Earth and her daughter."
The film will be produced by "Harry Potter" franchise producer David Heyman and Legendary Pictures.