Phillippe, Dewan Tatum get ‘Set Up’

Thesps joins Willis, 50 Cent in heist actioner

Ryan Phillippe will star alongside Bruce Willis and Curtis “50 Cent” Jackson in heist actioner “Set Up,” which began lensing this week in Grand Rapids, Mich.

Jenna Dewan Tatum (“Step Up”) also has joined the cast.

Mike Gunther is directing the pic from a script he co-wrote with Mike Behrman.

Film is the first from a recently announced $200 million fund on which Jackson and Randall Emmett’s Cheetah Vision banner is teaming with George Furla’s Hedge Fund Film Partners. Entrepreneur Richard Jackson is providing much of the equity.

Cheetah has an output deal with Grindstone Entertainment/Lionsgate.

“Set Up” revolves around a group of friends who are catapulted into the middle of a diamond heist that turns deadly.

Phillippe was last in theaters in comedy “MacGruber.” He’s currently in post-production on “The Lincoln Lawyer,” which also toplines Matthew McConaughey and Marisa Tomei.

Phillippe is repped by WME; Dewan Tataum, ICM and Sanders Casserta Management.