Will Smith will not be returning as Deadshot in James Gunn's The Suicide Squad.

Sources tell Variety that Smith's departure ultimately comes down to a scheduling conflict. Smith and Warner Bros. came to an amicable agreement to part ways with no hard feelings on either side.

RELATED: Gunn's Suicide Squad Will Be a Relaunch, with a Mostly All-New Cast

While there have been no decisions made on which cast members would return from the original Suicide Squad, the site reports the studio would prefer to bring back high-profile stars like Smith and Margot Robbie, who played Harley Quinn. A report from earlier in the month claimed fans could expect to see Margot reprise her role as Harley Quinn in the sequel, while another report put a Margot return in doubt.

The Suicide Squad is expected to feature a few returning cast members, but the bulk of the ensemble will be new. "Sources say that Gunn’s focus is to take the franchise in a new direction with a mostly all-new cast of characters and actors," according to a report from the announcement of Gunn helming The Suicide Squad. "Sources also say that the project is also very much rooted in Gunn’s vibe, as seen in the Guardians movies."

RELATED: James Gunn in Talks to Direct Suicide Squad 2

Written and directed by James Gunn, The Suicide Squad does not have an announced cast yet. The film is set to hit theaters Aug. 6, 2021.