David Lynch, who co-created the original “Twin Peaks” and was set to direct the upcoming Showtime revival, has left the project, he announced via Twitter on Sunday.

The filmmaker also said the project “may still be very much alive” at the premium cabler.

“Dear Twitter Friends, Showtime did not pull the plug on ‘Twin Peaks,'” Lynch wrote in a series of tweets. “After 1 year and 4 months of negotiations, I left because not enough money was offered to do the script the way I felt it needed to be done.”

“This weekend I started to call actors to let them know I would not be directing,” he went on. “‘Twin Peaks’ may still be very much alive at Showtime. I love the world of Twin Peaks and wish things could have worked out differently.”

Lynch’s announcement came after reports surfaced this week that the project was dead. Showtime issued a statement on Lynch later on Sunday, saying it hopes to still bring back “Twin Peaks” “in all its glory.”

“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 said in the statement. “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 announced the revival in October. Lynch and co-creator Mark Frost have already penned all nine episodes, and Lynch was originally set to direct them all as well. Showtime announced in January that Kyle MacLachlan would reprise his role as FBI agent Dale Cooper.

“Twin Peaks” was set to go into production this year, eying a 2016 premiere date.