Comedy duo Keegan-Michael Key and Jordan Peele have recently had their names attached to a few movie projects in development, including one based on a sketch from their hit Comedy Central series 'Key and Peele.' But now it looks like they've found their first official film project. It's called 'Keanu,' but it has nothing to do with Keanu Reeves.

Deadline reports that Key and Peele have signed with New Line for their first film project, 'Keanu,' but before you get bummed out that it has nothing to do with Keanu Reeves, hear us out -- or rather, hear Peele out:

The movie should resonate with a large audience as almost everyone has had a house pet stolen by a street gang, right?

The film's title refers to the name of a cat, who gets stolen by a gang. The movie follows friends who have to go undercover as drug dealers in order to infiltrate the organized crime world to get their beloved pet back. Jordan Peele wrote the script with Alex Rubens, who has written for 'Key and Peele' and 'Community. The concept of a cat named Keanu stolen by shady criminals? We're already sold. We were sold at Keanu.

Key and Peele have also been attached to a remake of 'Police Academy,' as well as an untitled Judd Apatow project, and a film based on their substitute teacher character from 'Key and Peele.' But we'll wait for all of that, as production on 'Keanu' begins next spring.

More From ScreenCrush