Recently it was reported that James Cameron was adapting his own action spy movie, True Lies, into a TV series, and that it would soon be presented to networks.

It didn’t take long to impress and sell a network on the concept; it’s being reported that ABC has landed a deal on the True Lies series, which Cameron will act as an executive producer on, and René Echevarria will write and handle the day-to-day operations on. ABC tried to go down the spy TV road before with an attempt to turn Brad Pitt and Angelina Jolie’s Mr. & Mrs. Smith into a series, but that didn’t work out. They’re also currently developing a new Charlie’s Angels series, as well.

In what is quite the interesting little catch by MTV Movies Blog yesterday, who picked up on a small little bit in a New York Times feature on Tom Arnold. In the very last part of the story, they mention and offer quotes from Tom himself about an upcoming project that will involve himself, director James Cameron, and Arnold Schwarzenegger. That’s right, Tom Arnold claims that the team behind the fantastic action/spy comedy True Lies will be joining up for a new project, while being a bit cryptic as to whether it will be a sequel to the 1994 movie, or if it will just be the same kind of premise.

Here’s what Tom had to say about it: