Say it isn't so!  Tragically, the gaming community's dreams of seeing a Duke Nukem revival takes one step closer to "never gonna happen."

Founded in 1987 by Scott Miller and George Broussard, independent developer 3D Realms once created three Duke Nukem titles, publishing numerous others.  Recently, they produced two Max Payne games, published Prey by Human Head Studios, and brought Duke Nukem 3D to Xbox LIVE. 

Now, it is closing its doors, letting employees go, and is expected to officially shut down by the end of this week.  A reliable source within the studio cited insufficient funds as a major factor in their decision

On the bright side, Deep Silver and Apogee Software will not be affected by the loss, and Duke Nukem Trilogy for DS and PSP is still undergoing development.

Update: Take 2 has released a statement concerning 3D Realms.  VP of communications Alan Lewis confirmed the two companies had a publishing arrangement, but Take 2 was not funding Duke Nukem Forever.  According to Lewis, they still retain publishing rights for the title, meaning Duke Nukem Forever may still see the light of day.