No, it will take place when Bats was younger/not great at being Batman yet supposedly.
Rumored villains are The Court Of Owls (which I would love, they're a secret cult in Gotham who wear creepy owl masks and are wealthy af) and The Penguin
"Beware The Court of Owls, that watches all the time,
Ruling Gotham from a shadow perch, behind granite and lime.
They watch you at your hearth, they watch you in your bed,
Speak not a whispered word of them or they'll send The Talon for your head."