CD Projekt Red's award winning RPG "The Witcher 3" continues to rake in the cash for the Polish game developer, according to a recent earnings report. The developer has also denied recent rumors about a hostile takeover.

The game has continued to exhibit high sales last quarter, despite being out for more than a year now. Apart from the base game, its two expansions "Heart of Stone" and "Blood of Wine" also showed strong sales performance during the previous quarter.

"Excellent sales of 'The Witcher 3' plus expansion packs, observed in the third quarter, confirm that despite having been out for a year and a half, the game continues to attract new fans," CD Projekt Red Chief Financial Officer Piotr Nielubowicz said in a press release.

Nielubowicz also predicted that all will be good on the sales front, especially now that Christmas is just around the corner. The CFO said that "The Witcher 3: Wild Hunt - Game of the Year Edition" will be a perfect gift this holiday season.

CD Projekt Red has also responded to rumors regarding a potential hostile takeover. The rumor started when NeoGAF user boskee posted on the forums about the company's general meeting on Nov. 29. It was revealed that they will discuss the following:

1. Vote on whether or not to allow the company to buy back part of its own shares for 250 million PLN ($64 million)

2. Vote on whether to merge CD Projekt Brands (fully owned subsidiary that holds trademarks to the Witcher and Cyberpunk games) into the holding company

3. Vote on the change of the company's statute

Speaking to WCCF Tech, however, the developer slammed the rumors, saying that the meeting is purely a precaution measure on the company's part.

Below is the actual statement sent to the site:

As for the rumor, it emerged after the Board suggested introducing a voting cap during the upcoming shareholder meeting. However, the proposal is not a reaction to any current events affecting CD PROJEKT. Rather, it is meant as insurance against future hypothetical scenarios which may never materialize.

We wish to safeguard the interests of minority shareholders in a hypothetical case where a major shareholder emerges professing a business and strategic vision which conflicts with ours.