These Rumors were laid to rest after a ZU member known only as GlitterBerri (who can read and write japanese fluently) confirmed that the rumor was a fake.
The problems with the titles are…
-Using を instead of の, which renders it completely nonsensical
-Writing “fire” in kanji and “ice” in katakana makes the titles inconsistent. They should either write both in katakana or both in kanji.
But i think it would be nice to see the 3DS Zelda game to back to the Oracle series formula.