It was previously rumoured that the studio was developing a prequel that would focus on the guardian of Peter Parker, but has told Comic Book Resources that it was a 'silly rumour' with 'no validity 'whatsoever', reported Aceshowbiz.
The previous report suggested Sony was trying to take a crack at a story that would follow Aunt May during her younger days before she was shouldered with the responsibility of raising Peter.
The fate of Spider-Man was left uncertain after the lukewarm performance of 'The Amazing Spider-Man 2' earlier this year.