Series producer Koji Igarashi when questioned about the game, mentioned he worked on the game before the project was abandoned and its team disbanded. He and other team members would proceed to work on Castlevania: Symphony of the Night.  
Production of the game began after the success of Tokimeki Memorial, which was released in 1994 and for which IGA was the scenario writer for. After it became clear the game had sold well, he was asked on which project he would like to work on, choosing Castlevania. 
In the December 1994 issue of Game Players Magazine a Castlevania for 32X was first announced.  IGA mentioned in the notes for Symphony of the Night's official soundtrack that he was already working on the game scenario while writing the scenario of the PS remake of Tokimeki Memorial, which was released in October 1995.   From this it can be concluded that "The Bloodletting" was cancelled sometime between December 1994 and October 1995.
Contrary to many reports about the game, the name "The Bloodletting" was not purely a fan invention, as a Konami brochure from the Chicago Consumer Electronic Show from 1995 advertised a game under this title.  A trademark for "The Bloodletting" requested by Konami in 1995 also exists in the database of the United States Patent and Trademark Office.  IGA mentioned the 32X game got cancelled before it got an official name, therefore the name "The Bloodletting" is incorrectly associated with that game. 
A single sprite for three characters are all that remain of "The Bloodletting". Through later interviews with IGA, it has been revealed that the game was intended to feature Richter Belmont, Maria Renard and a rival to Richter.
|Electronic Gaming Monthly, Issue 206 (August, 2006), Page 102|
|Vampire Hunter Dot Art Collection|
- Castlevania: Rondo of Blood - "The Bloodletting" was intended to be a sequel to Rondo of Blood.
- Castlevania: The Bloodletting (fangame) at the Castlevania Fan Wiki.- A fan game created by Piscesdream featuring Harker Belmont, son of Richter Belmont, and a re-imagination of what The Bloodletting could have been like.
- ↑ 1.0 1.1 1.2 Unfinished symphony: Castlevania's keeper speaks
- ↑ Electronic Gaming Monthly, Issue 206 (August, 2006), Page 102
- ↑ Sega Retro - Unreleased 32X games
- ↑ SotN OST Liner Note Translation
- ↑ Tokimeki Memorial: Forever With You Gamespot
- ↑ Consumer Electronic Show Brochure
- ↑ United States Patent and Trademark Office
- ↑ Message from the Producer, Part 5