Eddie Murphy is heading back to his old beat for "Beverly Hills Cop IV," according to Variety.
Paramount has decided to dust off the franchise, which featured Murphy as Detroit detective Axel Foley.
Murphy will work closely with producer Lorenzo di Bonaventura to reinvigorating and updating the popular action-comedy cop story.
The first two films, produced by Jerry Bruckheimer, had big draws at the box office. "Beverly Hills Cop," released in 1984, grossed more than $234.7 million domestically and another $81 million overseas. The sequel, released in 1987, took in more than $153.6 million in the U.S. and another $146 million overseas.
The third installment didn't fare as well, however. "Beverly Hills Cop III," released in 1994, grossed only $44 million domestically.
Bruckheimer wasn't involved with the third entry and won't be a producer on "Beverly Hills Cop IV."
Since Murphy's live action films haven't done so well at the box office in the last few years, it will be interesting to see how another installment in this franchise will do.
Murphy can next be seen opposite Jamie Foxx, Beyoncé Knowles and Danny Glover in "Dreamgirls," which opens December 25. -- Shannon Nolley