There is a rumor that a Monster Hunter may be coming to the PSP. The rumor seems to have stemmed from a scan from the Japanese video game magazine, Famitsu.
The Spanish site PS3P, is stating that in the latest issue of Famitsu, there is a small article with a character from Monster Hunter in the PSP section. Trusting the translation of the article from Japanese to Spanish then to English, states that a PSP version is in development and is planned for a release at the end of this year and is titled, Monster Hunter 3.
Capcom has remained silent about the game, and even here at Playstatic, our contacts have not responded. Until we hear differently from Capcom, unfortunately it remains as a rumor.