I, instead, think this is as farfetched as it can get.
Of course I don't think it's happening. Gonna need way more than just a throwback photo, this is nothing to hold on. Getting into "Illuminati confirmed" level of believability here, seeing signs everywhere, even in the most insiginificant things like this one. One would think we should know better at this point, but guess not.
I mean the picture was literally tagged Devil May Cry with two of the lead actors in mocap. You don't think there's some denial going on in order to dismiss it on grounds like "Well the suits they're in don't match what they were using for the previous projects, but who knows maybe they just switched at one point for no reason".
Come on. Things like this have been building for months and months, there
is way more than just this photo. At some point it goes beyond people seeing signs and just becomes signs being there period.
Furthermore, I see no reason why anybody should "know better at this point". What does that mean? Does a pachinko machine signify that the sky is falling and all hope is lost? Hell 3's machine was announced in practically the same timeframe of before 4 was announced.
I think nowadays if there was a DMC5 being made we'd have heard about it from some anonymous source or something.
What, like, say, actors and developers hinting at it for months on end? Because in most cases, that's as far as things go before an official announcement, with things like actual screenshot links being vastly more rare.
I'll reflect on this but for now there's no evidence to suggest it's more than a throwback.
There really is, even if you look purely at the postings and ignore anything else.
At the very least, save the pessimism until after E3 is done with.