The Harry Potter star will play Caine's son in the film. Caine will be reprising his role as insurance mogul, Arthur Tressler.
Michael Caine revealed the news during a recent interview saying, "There's a sequel to Now You See Me, and we're shooting in London. I shoot in December, the whole of December in London, and my son is Harry Potter. I thought it'd be funny, me and Daniel Radcliffe as father and son."
"Now You See Me 2 is slated for a June 2016 release.