Suda51, creator of No More Heroes, says that he doesn't have plans for a third game in the series.
However, Suda also hints that even though No More Heroes 3 isn't in the pipeline, that doesn't necessarily mean we've seen the last of the game's star, Travis Touchdown.
"The story for Travis alone is completed in No More Heroes 2," Suda51 told GoNintendo. "I am very curious about his life after this. However, we have no plans for No More Heroes 3."
At the very least, we'd expect to see Travis cameo in other games, similar to the way Viewtiful Joe has appeared in Tatsunoko vs Capcom for example.
Or perhaps he could get his own lingerie collection?