I Guess Sly Cooper's Gone For Good Now?

Sanzaru Games is part of Oculus now, so it seems unlikely the studio will get the chance to resolve the cliffhanger it left Sly Cooper on.
Sanzaru Games is an Oculus Studio now and is unlikely to return to the PlayStation mascot.

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Have yall ever seen sly without his hat

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Sly Cooper: A Weighty Punishment Part 13 by SWSU-Master -- Fur Affinity [dot] net

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Sly Cooper - Will It End With Sly 5? Let's Discuss A Soft Reboot Trilogy - What If It Went Full CG?

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Sly Cooper's Cliffhanger Could No Longer Be What We Expect

Neyla, Sly Cooper Wiki