The game was nearing completion and voice over work was under way, although the developers will now be looking for a new publisher.
Saw was originally announced for a Halloween 2009 release, and was expected to be released for the Xbox 360 and PlayStation 3, although this was never official confirmed.
Could Atari be interested in snapping this one up to? Who knows, but we will keep you informed on any developments with the Saw video game.