'Napoleon Dynamite' helmer Jared Hess is directing the comedy, which is slated to release on August 14, 2015.
The project is based on the true story of four dim-witted Southerners who pulled off one of the biggest heists in American history, robbing almost USD 20 million from a Loomis Fargo armored truck, said the Hollywood Reporter.
Sudeikis will play a hitman in the movie.
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