Overkill's The Walking Dead postponed, not cancelled on console

UPDATE: 505 Games confirms this is the same delay announced last month, despite confusion over PS4 pre-order refunds

The console version of Overkill's The Walking Dead is still in development, despite emerging reports that it has been cancelled.

Rumours of the game's demise originate from PlayStation 4 users sharing emails and notifications they have received, showing that pre-orders were being refunded.

According to the emails shared, PlayStation said: "The publisher has notified us that the game is cancelled."

However, 505 Games -- which is publishing the game on consoles -- has stated via Twitter that this isn't the case.