Former TNA World Heavyweight Champion Bully Ray (real name Mark LoMonaco) informed the TNA roster that he was leaving the company due to contract issues, according to a report from

TNA Wrestling held an event in Hagerstown, Md. Sunday night when Bully Ray held a meeting in the locker room.

It was then when he reportedly informed his colleagues of the contractual issues between him and TNA and that he was leaving when it expired, which was Sunday night, according to PWInsider.

Bully Ray and his long-time tag team partner Devon are scheduled to be inducted into the TNA Hall of Fame at the promotion's marquee annual event, Bound For Glory, in October.

Bully Ray was also recently involved in a long story that culminated with him putting TNA President Dixie Carter through a table.