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

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

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

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

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

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

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

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

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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.

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

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