Bad news, "Teen Wolf" fans - Tyler Hoechlin is leaving the MTV show as a series regular.

Creator Jeff Davis confirmed the news, first reported by Buzzfeed, at the show's Paleyfest panel last night.

"Tyler Hoechlin decided he wanted more time to pursue movies. We talked and creatively agreed that maybe this was a good season to refocus on the teens of 'Teen Wolf,'" Davis told Buzzfeed.

But while Hoechlin's Derek won't be a big part of season 5, Davis promised that the character wouldn't be killed off. In fact, he revealed that he and the actor met to discuss possible storylines. "We have not seen the last of Derek Hale," Davis said.