http://www.themmnetwork.com/2012/09/10/rockman-online-is-likely-cancelled-according-to-artist/
More at the link.
Well, unfortunate news tonight, though probably news a lot of you were expecting. After concerns about the fate of Rockman Online after NeoWiz announced internal restructuring, the games lead artist Kang Dong Hwa, aka Cantio75, has admitted that the project he was on was dropped (without mentioning Online specifically) on his blog. Furthermore, he posted numerous pieces of concept artwork (such as the above) he devised for Online over the years. This also points to the game being cancelled, since it would most likely be illegal for him to post the artwork if the game were still in development.
Of course, well wait for official confirmation from NeoWiz to say for certainty the games cancellation, but honestly, after nearly half a year with no updates, and growing concerns, this development probably shouldnt be shocking. It is a true shame Rockman Online was looking like a very interesting game, despite being one fans in the west may have never got to play.
We also wish the best to Mr. Kang, who says hes currently looking for new work, and that its hard finding jobs that suit his specialty in science fiction imagery. At the very least, we have this additional artwork you can enjoy after the break.
Thanks to Amunshen for the information (based on a story originally from Protodudes Rockman Corner).
More at the link.