Less than 24 hours after reports were leaked to the press that Kristen Wiig and Will Ferrell have completed a top-secret TV movie for Lifetime, the two have announced that they were not going forward with the project. “We are deeply disappointed that our planned top secret project was made public,” Ferrell said in a statement. “Kristen and I have decided it is in the best interest for everyone to forgo the project entirely, and we thank Lifetime and all the people who were ready to help us make this film.”

Lifetime declined comment on the status of the movie, which had been shrouded in secrecy but is understood to be in the mold of Lifetime’s ripped-from-the-headlines telefilms and already completed. Ferrell’s intentions for the movie are unclear though he is known as being a notorious prankster.

Ferrell and Wiig are now both UTA clients after Ferrell’s agents Jason Heyman and Martin Lesak and made the move from CAA to UTA as part of Tuesday’s mass exodus that saw 10 CAA agents switch teams. In fact Ferrell followed them years ago when they were at UTA and moved to CAA.