One of the hottest young celebrity couples in Hollywood is no more, with Bella Thorne and Gregg Sulkin announcing they’ve decided to go their separate ways.

“After much thought and soul-searching, we have made the difficult decision to end our relationship,” the couple told People in a joint statement.

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“We will always love each other and have a deep respect for one another, as we have each grown to be better people because of our time together,” the statement continues. “Our schedules made seeing each other difficult, and we decided that for now this would be best.”

Thorne addressed the split on Twitter in a response to a fan asking if the news was true, admitting “things just didn’t end up working the way we had hoped,” but adding she’ll “always love the bub.”

Prior to her relationship with Sulkin, the “Shake It Up!” star was romantically involved with Brandon Lee, son of Motley Crue drummer Tommy Lee and former “Baywatch” star Pamela Anderson.