The film has been in the pipeline for nearly five years, reported Digital Spy.
"We're talking about it right now. We can do some preliminary stuff," Downey Jr told Shortlist - putting those fears at bay. If we could shoot it on Skype, we could have the whole (movie) done in a week.
"When we're making those Sherlock movies, it is off the hook. (So) we'll attempt to make one this year. It really is a big deal to go and do those movies. I'm tired all the time, but I'm so excited about it," Downey Jr said.