Last week, it was revealed that 20th Century Fox was interested in bringing director Joe Carnahan on board to direct the Untitled Daredevil Reboot. Now the director himself says that the studio shot down his take on the project, meaning the rights to Daredevil will most likely revert back to Marvel Studios.

Here’s what the filmmaker had to say through his Twitter account last night, “Think my idea for a certain retro, red-suited, Serpico-styled superhero went up in smoke today kids. We shall see. Time is NOT on anyone’s side.”

While it was reported last week that Fox was seeking an extension for the looming production deadline of October 10th, before the rights go back to Marvel. However Marvel declined the extension (it’s been said they may have granted it in return for Fantastic 4 related characters like Galactus and Silver Surfer, but Fox didn’t want to give them up). With less than two months to go before the rights change hands, and no director on board, it is almost certain that Marvel will control the fate of the Untitled Daredevil Reboot.

It isn’t known if Marvel has any immediate plans to put Matt Murdock on the silver screen. They already have a full production slate with Iron Man 3, Thor: The Dark World, Captain America: The Winter Soldier, and Guardians of the Galaxy hitting theaters within the next two years.

Two sizzle reels, giving us a feel for what Carnahan’s take on Daredevil would have been have also popped up on Youtube, and you can watch them below.