Popular K-Pop boy band iKON is leaving the YG Entertainment agency.

The entertainment agency announced the departure of the south korean boyband on Wednesday.

It means all six members of iKON will not be part of YG entertainment anymore.

On December 30, YG Entertainment announced that iKON is leaving  the label after 7 years.

YG Entertainment tweeted, "We would like to announce that after a long and careful discussion with iKON."

"We have all mutually agreed to end the group's exclusive contract with respect to one another's opinions,"  the tweet further read.

The agency also wrote, "We would like to express sincere appreciation to iKON for being with us as YG artists."

The agency also asked the fans to continue sending the love and  warmth to their favorite boy band.

iKON is a south korean K-pop boy band that consists of six members– Kim Jin Hwan, Bobby, Song Yun Hyeong, Koo Jun Hoe, Donghyuk, & Chanwoo.

After iKON, another K-Pop group BLACKPINK has also reportedly left  YG Entertainment as well.