Nov 01, 2016 01:59 PM EDT By Ernest Aguila, UniversityHerald Reporter

Three years have passed and the New York-based video game publisher, Rockstar Games, is still finding success in its critically-acclaimed "Grand Theft Auto V" are still going strong. As such, fans could not help but speculate as to the recent news about the next installment to the franchise and all the rumors circulating around, according to sources.

Fans of the video game publisher, Rockstar Games, are familiar with the timeline as regards to the releases of the latter's game titles. As such, rumors of an installment to the series has riddled fans of a possible "Grand Theft Auto 6" in the works. Moreover, news of such has had many others foreseeing the game's release date sometime around 2018 to 2019, N4BB reported.

Moreover, it was also rumored that "Grand Theft Auto 6" might have its release date slated around the same time as the unveiling of Sony's PlayStation 5 and the Xbox Two, N4BB stated.

Regardless, it seems that fans have pinned down on the reason behind the news and rumors about the game's release date-- that the game was said to be already in the works.

However, fans should take these news and rumors with a grain of salt since it was mentioned that analysts see the success of "GTA" online as an obstacle for Rockstar Games to even consider moving on to "Grand Theft Auto 6," N4BB learned. The financial success that the developer is still getting from "GTA V" places them in no hurry to dish out another installment anytime soon.

In addition, fans have sifted through rumors circulating around about the possible location and other gameplay details of "Grand Theft Auto 6."

One such rumor is that the location for the sixth installment might be moved far to the East, more specifically in Tokyo, Japan. However, it seems that this has been debunked as reports show that Rockstar encountered some difficulty when it came to the road system of Tokyo, Frag Hero reported.

It seems that from all the news and rumors surrounding the highly antcipated installment to the franchise, fans will just have to wait a bit longer for any confirmation about a "Grand Theft Auto 6."

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