aschwarzeneggerbw051111_01_X17230.jpgArnold Schwarzenegger is wasting no time getting back into the movie biz! The soon-to-be divorced action star will be starring in the upcoming western movie Last Stand, according to Deadline.

The former California governor had previously been attached, then pulled out before his scandal involving Mildred Baena went public. Originally, he was going to make $12.5 million plus 25% gross back end, however his new salary will reportedly be much lower.

A Lionsgate executive tells Deadline:

    "It's an old-fashioned Western specifically designed for a 63-year-old broken-down guy with a moral decision whether Arnold decides to stand up for his town. We always needed an iconic figure for it. I can tell you from The Expendables it was electrifying when Arnold came on. He is still a big piece of news."

You could say that again! Find out which star was attached before Arnold officially signed on ... after the jump.