Los Angeles, Jan 26  Actor Jake Gyllenhaal is set to star in a heist thriller titled ‘Cut and Run’, which is about a group of thieves who use high-powered speed boats to rob super-yachts.

Their caper takes a turn when they steal the wrong thing from the wrong group of people.

New Republic Pictures won rights to the spec script, written by John Glenn, after a bidding war with several potential buyers, reports variety.com.

In addition to starring, Gyllenhaal will produce the film through his company Nine Stories Productions. New Republic founder Brian Oliver and president Bradley Fischer will also produce alongside Glenn.

NEW YORK, NEW YORK – OCTOBER 17: Actor Jake Gyllenhaal attends the 7th Annual Headstrong Gala at Pier Sixty at Chelsea Piers on October 17, 2019 in New York City. (Photo by Mark Sagliocco/Getty Images for The Headstrong Project)

A veteran showrunner, film and television writer, Glenn’s credits include ‘Eagle Eye’, ‘Law Abiding Citizen’ and ‘Clash of the Titans’. On the TV side, he’s currently adapting ‘The House on Hoarder Hill’ for Sam Raimi and Wiip Studios.

New Republic Pictures is a production and financing company run by Oliver and Fischer.

The company recently signed a first-look deal with Gyllenhaal’s Nine Stories and plans to partner on ‘Oblivion Song’, a feature film adaptation of Robert Kirkman and Lorenzo De Felici’s graphic novel.

Gyllenhaal and New Republic have Michael Bay’s ‘Ambulance’, which Universal Pictures has scheduled to release in theatres on April 8.

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