Rumors have been flying all over the internet in recent days [many started by those oh-so-reputable "news" sites out there] saying that Victory Records stars Taking Back Sunday have thrown in the towel. Here is an official statement from the band:

"We know there are many rumors and speculations going on about the status of Taking Back Sunday. There have been a series of personal events with members of the band. Right now the five of us really need some time to devote to our personal well-being.

We can't apologize enough to the people who this affects. Our fans have been there to support us 100% and we've always held that the closest to our hearts. The business surrounding this crazy thing we've been doing has been supportive as well and we've constantly been thankful. This isn't meant as something to harm that or the people involved. It is an attempt to protect and honor the value of what you've all been generous enough to appreciate. We need very much to take a step back at this time and we truly thank you for even considering understanding."

The band has cancelled their upcoming appearance on the Jimmy Kimmel Show, but has not announced yet whether or not this will affect their scheduled headlining spot on the Warped Tour this year. We'll keep you posted.