'Sherlock Holmes 3' New, & Update: Robert Downey Jr Reveals Film Will Have A New Screenwriter And Production May Star This Year

Do you love "Sherlock Holmes?" If you do, this report will surely make you smile. According to reports, the third iteration of "Sherlock Holmes" is in development. In time, the popular British detective will return in the big screens in "Sherlock Holmes 3."

James Coyne Is 'Sherlock Holmes 3's' New Screenwriter

According to Deadline, James Coyne is set to pen a rewrite for "Sherlock Holmes 3." Meanwhile, Robert Downey Jr. and Jude Law are set to reprise their roles in the anticipated film. On the other hand, Guy Ritchie will take the directorial chair.

'Sherlock Holmes 3' Will Start Production This Year

The "Iron Man" star who will be taking the lead in "Sherlock Holmes 3" revealed that they are already talking about the film. "We're talking about it right now. Now. I can't wait. ... We can do some preliminary stuff. ... I know Guy Ritchie loves me as much as I love him - and he damn well should," Robert Downey Jr. said per Cross Map.

Downey Jr. also teases that "Sherlock Holmes 3" production may begin this year. "When we're making those 'Sherlock' movies it is off the hook. We'll attempt to make one this year. It really is a big deal to go and do those movies. I'm tired all the time, but I'm excited about it," he added.

Parent Herald previously reported that "Sherlock Holmes 3" is confirmed. In fact, the "Iron Man" star posted a photo, teasing fans about "Sherlock Holmes 3." Robert Downey Jr. was wearing a cup and holding something that appears to be a cane in the teaser photo. He captioned it with, "Master of disguise..."

Now I can smell the popcorn and my movie tickets for Sherlock Holmes 3@RobertDowneyJr pic.twitter.com/eT2tHpUdVo

— karen (@TeAmoRDJ) May 4, 2015

Will "Sherlock Holmes" affect "Iron Man 4"? In a recent report from Parent Herald, Robert Downey Jr. disclosed that he is still interested to do one more "Iron Man" film.

Are you excited for "Sherlock Holmes 3?" What do you prefer to see first, "Iron Man 4" or "Sherlock Holmes 3?" Share your thoughts below.