Getting a remake: Keanu Reeves (left) and Patrick Swayze in the 1991 surf thriller Point Break.

Getting a remake: Keanu Reeves (left) and Patrick Swayze in the 1991 surf thriller Point Break.

Despite boasting the requisite combination of rugged charm and a buff build for the role, Gerard Butler has pulled out of a remake of the 1991 classic surf thriller Point Break.

Butler was to step into the wetsuit/Ronald Reagan mask filled by Patrick Swayze as Bodhi, the surfing thief with a Zen bent, alongside Aussie actor Luke Bracey as FBI agent Johnny Utah, originally played by Keanu Reeves. 

Rugged charm: Gerard Butler in Olympus Has Fallen.

Rugged charm: Gerard Butler in Olympus Has Fallen. Photo: SMH

However the Scot actor, who has recently been in Sydney filming the $150 million fantasy epic Gods of Egypt, has pulled out, according to The Hollywood Reporter.

Butler's withdrawal is down to "creative differences and scheduling conflicts", however Alcon, the studio behind the remake, will be recasting straight away and shooting is still intended to start in late June.

Butler is already lined up to reprise his role as secret agent Mike Banning in London Has Fallen, the sequel to Olympus Has Fallen, due to kick off later this year. 

The Fast and the Furious cinematographer Ericson Core will direct the updated version of Point Break, which was a breakthrough film for director Kathryn Bigelow, who in recent years has helmed The Hurt Locker, for which she won an Oscar, and Zero Dark Thirty.

Point Break saw Reeves' Utah investigating bank robberies carried out by a gang of surfers, led by Swayze's Bodhi, called the Ex-Presidents after the masks they wore. In the adrenalin-fuelled thriller, Reeves infiltrates the surfing community before forming an unlikely bond with the enigmatic Bodhi. The final confrontation between the pair is set during a once-in-a-lifetime storm at Bells Beach, Victoria, but was in fact filmed in the US at Cannon Beach, Oregon.