Eddie Murphy has reportedly signed on to star in Beverly Hills Cop 4, which will be on Netflix.

According to Deadline, Paramount has made a one-time license deal — with an option for a sequel — that will enable Netflix to make the fourth sequel of the flick with Murphy and producer Jerry Bruckheimer. The studio had been developing a reboot for a while. 

"I figured out a way to connect the dots — there has to be some kind of record, I don't know if there's ever been a sequel 30 years afterward — that's what we're doing now," Murphy said per Variety. "I'm just over the moon how it's turning out. I used the same director that I used for 'Dolemite Is My Name' and some of the actors. [Dolemite] went so well that we just wound up on this next project."

The news of Axel Foley's return comes just weeks after Murphy's My Name Is Dolemite debuted on Netflix. Murphy has been hailed by critics and fans alike for his performance - with some whispers about the star possibly nabbing an Oscar for his stellar performance.