Sylvester Stallone will put on the gloves and climb back into the ring for "Rocky 6," according to Production Weekly.

Stallone will write, direct and star in the sixth installment, the online magazine reports.

Production Weekly said the synopsis of the film is as follows:

"Lonely and at loose ends, retired boxer Rocky Balboa comes out of retirement, intending to fight a few low-profile local fights just to keep his hand in. But when he's approached to fight a match with reigning heavyweight champ Mason 'The Line' Dixon, Rocky's modest little comeback becomes the center of a media firestorm."

Shooting is set to begin in December in Los Angeles.