If Showtime's revival of "Twin Peaks" moves forward, it will likely do so without co-creator David Lynch behind the camera.

Following cryptic comments two weeks ago about behind-the-scenes "complications," the filmmaker confirmed Sunday that he has walked away from the project.

"Showtime did not pull the plug on 'Twin Peaks,'" Lynch said in a statement to the Twin Peaks Festival Facebook page. "After one year and four 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. '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."

The cable channel, which only a couple of weeks ago assured fans that "Everything is moving forward and everybody is crazy thrilled and excited," issued its own statement, saying: "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."

As Lynch's comments suggest, it's possible "Twin Peaks" could move forward without him; he's already completed the nine scripts, and key cast members -- among them, Kyle MacLachlan and Sheryl Lee -- are already on board. However, Showtime undoubtedly realizes that excitement for the revival will be dampened without the involvement of Lynch.