5.2 inch screen, 3GB RAM, is this the leaked Google Nexus 5?

The Galaxy Nexus 4  is still expected to land in many parts of the world, including India. But that has not stopped the rumours about the next Galaxy phone.
This news published by Android and Me, tipped by an anonymous source, who claims to work for Google, reveals the first Look of the next LG Google Nexus 5 inch phone.  The source tells the news site, that this “prototype is the real deal”.
This phone is expected to come this year in the last quarter (October 2013). This has been codenamed ‘Megalodon” and will be produced by LG.
The rumoured specifications of this 5.2 inch phone are an OLED 1920 by 1980 pixels resolution, 2.3 GHz Qualcomm Snapdragon 800 processor supported by a 3GB RAM. This phone might sport a 16 megapixel rear camera by OmniVision, and a 2.1 megapixel front camera. This might come in three storage options of 16, 32 and 64 GB and might also include gesture control.