[Update: Added comments from CD Projekt joint CEO Michal Kicinski]

The Witcher: Rise of the White Wolf developer WideScreen Games has confirmed that the game has been suspended, citing IP owner CD Projekt’s failure to meet financial obligations as the cause.

“After having a payment being broken by CD Projekt - a big payment that we were supposed to receive - and after having committed to the project but not being covered financially on it for three months, I hold no choice but to put the team on hold,” Widescreen boss Olivier Masclef told VG247.

“I will try to find any solution for the fans. The Witcher on console is an extremely promising title that’s awaited by a lot of people. We have it running here, and I can tell you that if it hits the shelves one day it’s going to be great… I feel sorry for the fans.”

[Update: In the comments section of the story, a user claiming to be CD Projekt joint CEO Michal Kicinski disputes Masclef's claims. Edge has confirmed with a CD Projekt representative that the post was indeed written by Kicinski.

“It is sad that we cannot talk with WSG in normal business way, but communicate through media. It is absolutely not our style of making business, and we answer here as we feel forced to do this to clarify the unclear information,” reads Kicinski's post.

Kicinski adds that all payments due to WSG were completed on time according to a pre-agreed milestone plan. Production delays on the developer’s part were therefore behind any late payments, he said.

“Delays and risks of further development by WSG were unacceptable by CD Projekt (this happened even though CDProjekt RED was constantly increasing main team involvement to help in the production).

“The most important fact is that development process didn’t make planned release date possible and moreover propositions of the new release date were changing few times. Besides the schedule, technical incapability created a risk of missing planned quality which is absolutely unacceptable. And this brought an end in our cooperation with WSG. Currently the works are on hold. We are evaluating all possible options to continue the production," Kicinski concluded.]

News of the title’s possible cancellation broke yesterday.