The 50-year-old actor is in talks with Good Universe to take on the lead role in 'Immortals' director's upcoming action-thriller, The Wrap reported.
'The Panopticon' is based on a script by Craig Rosenberg in which a seemingly ordinary man receives a mysterious package containing a message he'd pre-recorded for himself to warn that the world is about to end and only he can save it.
He will then find himself having to piece together the puzzle in a race against the clock.
Reeves, who is best known for playing the role of Neo in 'The Matrix' trilogy, was last seen in revenge thriller 'John Wick' and recently wrapped filming on 'Knock Knock' and courtroom drama 'The Whole Truth'.