Cheryl Cole

She's out. She in. She's out again. A day after reporting that Cheryl Cole was being offered the possibility of again being a judge for the U.S. version of The X Factor, Fox and FremantleMedia released a statement Monday saying Nicole Scherzinger will replace Cole at the judges table.

"Nicole will join Simon Cowell, L.A. Reid and Paula Abdul on their search across America to find the next global superstar or group to win the life-changing $5 million dollar recording deal," the statement read.

Is Nicole Scherzinger replacing Cheryl Cole as an X Factor judge?

Previously set to co-host with Steve Jones, former Pussycat Dolls member Scherzinger was tapped to fill Cole's spot after the Girls Aloud singer was abruptly let go from the show less than three weeks into production. Jones will now act as sole host of The X Factor.

The Hollywood Reporter quoted a source as saying the lack of chemistry between Cole and fellow judge Abdul led to her exit. "There was no spark," the source told the trade."It was nobody's fault. It just didn't work."

Cole will reportedly be paid the $1.5 million from her contract with the show.

Report: Cheryl Cole offered chance to return to U.S. X Factor

A source told THR that Fremantle, the production company behind The X Factor, did not want to pay out Cole's contract and hoped she'd quit. After lengthy conversations between Fremantle, Fox and creator Cowell, it was decided Cole's contract would be paid out and the show could move on.

"Both parties are planning on abiding by the contract that was agreed to," Cole's rep said.

The X Factor is scheduled to debut on Fox this fall.