Courtesy Everett Collection
Oliver Gettell
October 07, 2015 AT 10:40 PM EDT

Papillon is busting out again.

The 1973 Steve McQueen prison-break movie is being remade by Red Granite Pictures, which will finance and produce, and Danish filmmaker Michael Noer, who will direct, EW has confirmed. The Hollywood Reporter first reported the news.

Prisoners screenwriter Aaron Guzikowski penned the new script, with Riza Aziz, Joey McFarland, Ram Bergman, and Roger Corbi producing.

Based on the memoir by French convict Henri Charriere, the original Papillon is directed by Franklin J. Schaffner and stars McQueen as a safecracker who is wrongly convicted of murder, then plots his escape. His nickname, Papillon, comes from the butterfly tattoo on his chest. Dustin Hoffman costars as a fellow inmate and friend.

Noer’s previous directing credits include the claustrophobic prison drama R and the gritty gangland tale Northwest.

Red Granite is the upstart film company behind such movies as The Wolf of Wall Street, Dumb and Dumber To, and the upcoming Daddy’s Home.

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