Thomas Jane sent a note to Ain't It Cool News stating that he has dropped out of The Punisher 2. Here's a snipped of what he wrote:

"I'm writing to tell you that I regretfully and painfully had to pull out of P2. I can't tell you how completely broken up I am about it." ... "what I won't do is spend months of my life sweating over a movie that I just don't believe in. I've always loved the Marvel guys, and wish them well. Meanwhile, I'll continue to search for a film that one day might stand with all those films that the fans have asked me to watch."

CLICK HERE to read the entire letter!

RELATED: Why Kurt Sutter's Punisher 2 Script Was Rejected by Marvel

No word on whether the film will continue with another lead actor.