Murphy's performance as J Robert Oppenheimer in Christopher Nolan's biographical film about the physicist responsible for the atomic bomb recently won him his first Oscar.
The 47-year-old Murphy has starred in several popular films, such as the Nolan-helmed blockbusters Batman Begins, Inception, and Dunkirk.
But Oppenheimer's most notable role prior to it was probably as Shelby in the television series Peaky Blinders, which followed a historical crime story.
Peaky Blinders creator Knight announced Murphy will feature in the planned cinematic follow-up to the series in an interview with BirminghamWorld during the launch of his new BBC show This Town.
Knight declared, "He's coming back for it, no doubt about it." "We're filming it in September in Digbeth, right down the street."
Before the Second World War broke out, in 1933, Peaky Blinders aired its sixth and final season. The film will focus on the same folks after a few years.
We can anticipate more of this in the movie because, despite being fictional, the gang is modelled on a genuine one that existed in Birmingham and historical figures like Winston Churchill and Oswald Mosley are featured.
Murphy recently told the Irish Star, "I have always said that if Knight delivers a script that I know he can deliver, because he is such a phenomenal writer." "I'll be present."
Murphy said, "I will be there if we want to watch Tommy Shelby, who is 50 years old." "Let's get started."