According to new reports, Lisa Bonet is set to join the cast of season 4 of Ray Donovan.

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TVLine revealed that the actress -- best known for her work on The Cosby Show -- will play the part of Marisol, "an unstable woman with a damaging secret."

There has been a lot of news of new cast members for the show of late.

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Previously, Deadline reported that Ted Levine and Ismael Cruz Cordova are set to come on board season 4 of Ray Donovan.

The report reveals that Levine will play "Little Bill Primm, the proud owner of a casino in Primm, NV" and Cordova will portray "Hector, a middleweight boxing champion who forms a bond with Ray."

Prior to that, Variety also reported that Revenge alum Gabriel Mann is joining the cast of season 4 of Ray Donovan.

According to the report Mann will appear in three episodes of the season. He is set to play Jacob Waller, "an aggressive attorney who represents high-profile clients."

All of this great news about new faces coming on board comes at the heels of a bit of disappointing news. Katie Holmes who mesmerised fans with her portrayal of Paige in season 3 of Ray Donovan. Fans were really hoping that she would return for the next chapter, but in a recent interview Holmes revealed that it was not likely.

In an appearance on Live With Kelly And Michael, Katie Holmes finally addressed the speculation surrounding her return, revealing that it was most likely not happening.

Season 4 of Ray Donovan will feature 12 one hour episodes and is expected to begin production in 2016.

Watch Holmes on Live with Kelly and Michael: