Artist David Lynch at the opening of his exhibition "Between Two Worlds" at Gallery of Modern Art in Brisbane, Australia, on March 13, 2015
Glenn Hunt—Getty Images
April 5, 2015 11:14 PM EDT

David Lynch, co-creator of crime-drama series Twin Peaks, has stepped down from directing the Showtime revival.

Lynch’s office sent a letter to the Twin Peaks Festival fan page to announce his exit before he took to Twitter to confirm his departure on Sunday, saying he was not offered enough money “to do the script in the way I felt it needed to be done.”

His announcement comes after reports that he had hinted that there were complications with the project.

Though he won’t be directing the much anticipated revival, Lynch said the show may still go ahead.

“Twin Peaks may still be very much alive at Showtime,” he wrote.

Hours after Lynch said he was pulling out, Showtime released a statement saying they are still trying to work things out with the director, reports Deadline.

“We were saddened to read David Lynch’s statement today since we believed we were working towards solutions with David and his reps on the few remaining deal points. 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.”

Lynch directed five episodes of the original Twin Peaks series that ran for two seasons before being canceled in 1991.

The revival was announced in October with Lynch and Frost writing the nine episodes and Lynch directing.

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