P.T Being Removed from PSN & Silent Hills Canceled?

Konami posted an update regarding the game, and it’s getting removed from the PSN store. According to a tweet, the game Silent Hills is now also canceled. This comes after a lot of speculation of the game being canceled. The rumors have been coming after the logo disappeared from the game and various other places on Konami’s project Metal Gear Solid V.

Here is the tweet that seems to quote Guillermo Del Toro himself regarding the game:

“It’s not gonna happen and that breaks my greasy heart.” -Guillermo del Toro on #SilentHills. #sfff#sffs#sffilmfest#fb

— TV’s Matt Hackney (@tvsmatthackney) April 26, 2015
You can read on Konami’s own site that the game will no longer be playable, The statement says:
The distribution period of P.T(Playable Teaser) on Playstation Store will expire Wednesday , April 29th 2015″
Does this mean the game is canceled? We have yet to hear anything from Konami.

Let us know what you think of this in the comments below.