Good news for fans looking for "Expendables 4" update as Arnold Schwarzenegger and producer Robert Earl were snapped stepping out of the E.Baldi restaurant in Los Angeles.

"While the two long-time acquaintances might have had other conversation topics, both would need to be on-board if there is to be a fourth movie," Daily Mail reported.

"It looked to have been a casual lunch for the Hollywood heavy-hitters, with Arnold wearing a blue polo shirt with khaki trousers for an outfit," the article added. "Robert was equally informal, thanks to a multi-coloured, button-down shirt worn with baggy and dark-colored trousers."

There's no word yet on whether or not "Expendables 4" is pushing through.

But if that's going to happen, Hulk Hogan and Dwayne Johnson are on board as the villains.

The wrestler, who was booted out of WWE after his racist rants, earlier claimed that he talked to Sylvester Stallone about possibly appearing on the fourth installment in the franchise.

"Was talking on the phone with Sly [Stallone] about doing The Expendables 4," he said. "We're trying to figure out a way to maybe turn me into the most evil man in the world. Y'know, Stallone gave me my first break and he's been a great friend. We had a great conversation, talking about the possibilities. Can I still run, can I still jump? Well, not as fast or not as high, but I think Hollywood could find a good stunt man to help me out."

Dwayne Johnson also said that if "Expendables 4" is pushing through and they ask him to join the cast, he wants to be the villain.

"I don't want to be on their team and be buddies with them. F**k that noise," he said. "I want to hunt every single one of them down and tell them to "send your soul to heaven cause your ass is mine."