Glass Onion: A Knives Out Mystery's Daniel Craig is attached to a movie adaptation of Queer, based on the 1985 novel from William S Burroughs.
According to Deadline, director Luca Guadagnino (Bones and All) is currently trying to raise funds for the project, with Justin Kuritzkes penning the screenplay.
Craig, who bowed out as James Bond last year, would play the protagonist Lee; recounting his life in Mexico City amongst American expatriate college kids and bar owners.
Related: First look at Daniel Craig and A-list ensemble in Knives Out 2
Lee is described as "self-conscious, insecure" and attracted to a young man named Allerton, who's inspired by the late, real-life serviceman Adelbert Lewis Marker (who author Burroughs once befriended in Mexico City).
Queer ticks off yet another major collaboration for Craig, in Guadagnino, after working with Rian Johnson, Sam Mendes, Steven Spielberg, David Fincher and Steven Soderbergh across his career.
Speaking to Empire Magazine back in August, the actor revealed how the role of 007 prepped him perfectly for this month's Knives Out sequel.
"How the f**k do we take something that caught people's imagination and made them talk about murder mysteries, and do it again without it becoming a pastiche of itself?" he began.
Related: Why Daniel Craig quit as James Bond
"I've spent the past 15 years of my life trying to do that in a franchise, so I'm not afraid of it. If you've got the right people in the room and the right talent, then you can do it. Rian's a genius writer and doesn't want to repeat [himself].
"Neither do we want to let people down; we want audiences to enjoy the world that we created in the first one and believe in this one."
Glass Onion: A Knives Out Mystery comes to Netflix on Friday, December 23.
Reporter, Digital Spy
Dan is a freelance entertainment journalist. Beginning his writing career in 2014, Dan's work first graced the pages of cult publications Starburst magazine and Little White Lies before moving onto Total Film, Digital Spy, NME and Yahoo Entertainment.
In the film and TV universe, he kneels at the altar of Jim Carrey, Daniel Plainview, Mike Ehrmantraut and Paulie Walnuts.