The wrestler-turned-actor will play a father who goes undercover in the criminal world to reduce his son's ten-year sentence for drug offences.
Revolutionary Road screenwriter Justin Haythe penned the script.
The movie is based on a PBS documentary about drug crime investigations.
Johnson will next be seen in 3D adaptation Arabian Nights, which also stars Liam Hemsworth.
He recently slammed hoaxers on the internet who had started rumours of his death on set in New Zealand.