David Lynch took to Twitter to tell fans that he will not be producing the proposed Twin Peaks revival. The reboot of the cult classic was set to run on Showtime in 2016.

Lynch cited lack of funds as his main reason for leaving the project, “I left because not enough money was offered to do the script the way I felt it needed to be done,” Lynch tweeted. “I love the world of Twin Peaks and wish things could have worked out differently.”

Showtime confirmed Lynch’s departure from the project but remain hopeful that they can come to an agreement.

“Showtime also loves the world of Twin Peaks and we continue to hold out hope that we can bring it back in all its glory with both of its extraordinary creators, David Lynch and Mark Frost, at its helm,” Showtime said in the statement to Variety.

Earlier in March, Lynch hinted that there were complications in an interview the on The Mix. Responding to a question asking what it was like to return to the world of Twin Peaks years later, Lynch said, “I haven’t returned yet and we’re still working on the contract.”

Original co-creators Lynch and Mark Frost were set to write the nine episodes reboot, with Lynch signed on to direct the full series.

Kyle MacLachlan announced his return to the series earlier this year to reprise his Golden Globe winning role as Agent Dale Cooper. Sheryl Lee and Dana Ashbrook have also signed on to the project. No word on if the actors will remain on board without Lynch.