Per TheWrap, Eric Idle, the other surviving member of the crew, may join the project as well. But before you go thinking this is an official Monty Python get-together, heed Jones's words.
"It's not a Python film," he said. "It's a different thing. It's not really that we're all getting back together."
To be fair, they sort of are: Jones is set to direct, with Cleese, Palin and Gilliam "playing aliens and possibly several other additional roles, in true Python tradition."
Producer Mike Medavoy told TheWrap that Robin Williams will join the cast as well. The film will have a budget of $15-20 million and being shooting in England this summer.
No word yet if the Killer Rabbit will also make an appearance.