The film revolves around Peter, played by rapper Vince Staples, who embarks on a road trip with a team of free-spirited runaways after receiving a rejection letter.
The trio, headed by Skip (Kelly) and his sister Lucy (Delevingne), collectively push the boundaries of freedom. Peter falls for Lucy only to find out later that the crew is a band of bank robbers aspiring to become modern-day Robin Hoods.
Hughes has penned the story.
Punk will be produced by Brian Kavanaugh-Jones, Braden Aftergood, and Fred Berger.
Production is scheduled to begin this year.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)