"I was going to do it. I said I'd never talk about this, but I feel that with Rocky Balboa, that character came complete circle. He went home. But for Rambo to go on another adventure might be, I think, misinterpreted as a mercenary gesture and not necessary. I don't want that to happen," contactmusic.com quoted Stallone, 63, as saying.
But he is planning to work on an extended edition of 2008's "Rambo", adding a 12-minute footage that was axed from the cinematic release of the film.
"He does a speech at the beginning of the movie to Julie Benz where he lays out why his life has been a complete disappointment and why war is natural and peace is an accident. And how he just feels that his life has been a waste. It's very important to hear that and I didn't think so at the time. I'm going to go back and put in some stuff," said Stallone.