Ashley Greene is to star in 'Olivia Twisted'.

The 'Twilight Saga' actress will take on the lead role in an "ultra modern take" of CHARLES DICKENS' classic book 'Oliver Twist', which, according to Variety, will "combine classic Dickensian elements with a unique gothic backdrop".

The film tells the story of 19-year-old Olivia running a crew of well-trained, orphan street urchins but they are suddenly plunged into the middle of a nasty turf war between two criminal gangs when they take on a simple kidnapping job.

First-time screenwriter Michael Roberts was penned The Script while 'The Social Network' co-producer Michael De Luca is spearheading the project, which is yet to get a director.

It is not yet known when the movie will start shooting but producers are aiming to release next year.

'Oliver Twist' centred around a young boy who, cast after leaving a workhouse and running away from his placement at an undertakers, was taken in by Fagin, who ran a crew of pick pockets headed by the confident ARTFUL DODGER.

It is unclear how many of the original characters will appear in 'Olivia Twisted'.