Indiana Jones 5 will most likely be the last time Harrison Ford ever picks up his hat and whip. According to sources at Showbiz Spy “Harrison thinks it would be good for Indy to die and pass on his hat to his son in the next one.” That would mean Mutt Williams [Shia LaBeouf] would carry the mantle.
LaBeouf publicly admitted that he didn’t think much of Indiana Jones and the Kingdom of the Crystal Skull but also revealed to the same site back in August that “They’re script writing right now, I got called into Steven’s office and he pitched a little bit to me and it sounds crazy, it sounds really cool.” Showbiz Spy’s sources say that Ford has spoken to both George Lucas who is resistant to the idea and Steven Spielberg who is considering it. “George especially is resisting the notion but Steven is considering it. Funnily enough Harrison wanted the same for Han Solo in the final Star Wars but George put an end to it. This time he doesn’t have all the say though.” Of course this is all rumor at the moment.
Update: The Huffington post claims that Ford's reps contacted and said that this report by Showbizspy was completely false.