The website TSSZ reports that they have been told by their “source” that some Bayonetta news will be coming this week at the Tokyo Game Show. Their source could not confirm much beyond that. What they couldn’t confirm was much more. The source could not confirm if this title would be a full feature or short game. They were unable to confirm if this would be a spinoff or an actual sequel to Bayonetta. This source is allegedly reliable for TSSZ since they apparently have provided accurate information in the past.
So far this looks some what legit. Then again, it could be some misinformation.