Far Cry 4 set in the Himalayas or nearby location, according to insider - rumour

Far Cry 4 is allegedly set in the Himalayas, according to industry insider Superannuation. He's got a strong track record with this kind of thing, but his claim should still be treated as rumour.
The claim follows rumours that Far Cry 4 is currently in development over at Ubisoft Shanghai, according to the LinkedIn CV of one employee.
It went down over on Twitter:
Far Cry 4 sounds super boring from the rumors. It's the third game more or less transposed to the Himalayas or adjacent locale + monsters(?)
— superannuation (@supererogatory) February 5, 2014
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Well, I thought I sent that as a DM. Oh well. ¯\_(ツ)_/¯
— superannuation (@supererogatory) February 5, 2014
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Oops. But this isn't entirely a far-fetched claim, seeing as Far Cry has already done jungles and deserts, it could be that Ubisoft Shanghai wants to try out a snow environment next. The mention of monsters could come as worrying for some though.
Ubisoft has declined to comment.
What do you think?
Via VGLeaks.