Harry over at AICN has some cool contacts. He emailed Robert Rodriguez himself and asked Robert to clear up the bullshit about Arnie returning to the franchise that helped make him famous, below is Robert's reply:
"Online news is amazing, much more exciting than real life!
There are so many sites saying that I'm actively pursuing Arnold!
Feels like all i have to do is sit here, and let the websites do the work!
Actually, what probably happened is someone conjured that up because of my 1994 draft, that had Dutch as a main character. And then it probably just built from there.
But no, we're still writing a new script, and although I know Arnold personally and he's the coolest person on the planet, I have not contacted him about this at all at this time.
As promised, I'll keep you posted on such developments since Predator is such a fan favorite.
But then again, he could very well have told someone he'd be into it. Who knows?
Personally, I haven't heard anything. But it's still early in the day.
-R"
One day when I grow up, I will be able to email directors as well to cut the BS just like Harry. One day.