The Game of Thrones actor has signed on to feature in the psychological thriller, reports Variety.
Devils's Peak is the first novel in the trilogy of the same name by Deon Meyer.
Bean will play Detective Inspector Benny Griessel - a violent alcoholic who, after being thrown out of the house by his wife, finds himself on the trail of a vigilante targetting child abusers.
Caught in the middle of a media storm, Griessel sets a trap that does not go entirely to plan.
The 'Devil's Peak' trilogy follows with 13 Hours and 7 Days.
Malcolm Kohll, Michael S Murphey and Ofir Kedar are attached to produce the movie.
Bean will next be seen in Silent Hill: Revelation 3D on October 26.
Devil's Peak is scheduled to begin shooting in September in Cape Town, South Africa.
Watch a clip from Sean Bean's recent interview with Digital Spy below: