No, you are not losing your mind, there is a Call of Cthulhu video game being developed by Cyanide Studio and Chaosium, and the first images from Darkwater Island, have finally arrived.
In Call of Cthulhu, players will control Edward Pierce, a former veteran and private investigator in 1920s Boston. Pierce will be investigating the tragic and mysterious death of Sarah Hawkins and her family in Darkwater Island. Call of Cthulhu offers a dark and oppressive ambiance that shall pay tribute to Lovecraft’s work and universe. Indeed, this banal investigation might lead you to more sinister forces and darker secrets buried deep within Darkwater Island.
Looks interesting, I just hope the game is exciting to play, and not simply a weird series of vignettes or hard to control gaming.
Call of Cthulhu will arrive for consoles and PC in 2017.