From ‘Nanny McPhee Returns’ to ‘Men in Black III’? Apparently so.

According to Variety, Oscar-winning actress Emma Thompson is in talks to co-star in the third installment of the ‘Men in Black’ movie franchise, in which she would play Agent Oh, a “Mib agent from the ’60s monitoring a prison break.”

Franchise veterans Will Smith and Tommy Lee Jones are set to reprise their roles as Agents Jay and Kay in the film, which has Agent Jay time-traveling back to the ’60s to enlist the help of a younger K, played by Josh Brolin (‘Wall Street: Money Never Sleeps’). According to the report, ‘Flight of the Conchords’ star Jemaine Clement is in talks to play the film’s villain.