Rockstar Games has taken the step of quashing the fire of specualtion before it threatened to get out of control by confirming that Grand Theft Auto V will launch in Spring 2013 for Xbox 360 and PS3.

Whether or not this move to date the game’s release is entirely on Rockstar’s own terms is unclear, but with a Polish website, and later the retailer GAME via a tweet all but already confirming the announcement it would appear Rockstar have decided to act.

Described as the ‘largest and most ambitious title in the series to date’ GTA V is being developed by series creator Rockstar North and is set in the sprawling city of Los Santos and its surrounding area. ‘Grand Theft Auto V delivers a world of unprecedented scale and detail bursting with life, from mountaintops to the depths of the ocean,’ reads the official announcement.

Grand Theft Auto V builds on everything we’ve learned about open world game design,’ said Sam Houser, Founder of Rockstar Games. ‘We can’t wait to share it with fans.’

Expect a deluge of screens and trailers to follow.