Schwarzenegger's office said the former Governor of California has asked his talent agency to put all of his upcoming projects on hold until further notice, according to a statement obtained by the AP.
"Gov. Schwarzenegger is focusing on personal matters and is not willing to commit to any production schedules or timelines," the statement said. "This includes Cry Macho, the Terminator franchise and other projects under consideration. We will resume discussions when Gov. Schwarzenegger decides."
After leaving office in January, Schwarzenegger had been vocal about his desire to return to acting. He officially signed on for Cry Macho and a new Terminator sequel in April and announced a new collaboration with comic book creator Stan Lee, titled "The Governator."
His step back from Hollywood comes two days after news broke that Schwarzenegger had fathered a child with a member of his household staff more than 10 years ago. In a statement, Schwarzenegger said he told his wife, Maria Shriver, about the child after he stepped down as Governor and apologized for his actions.
"After leaving the governor's office I told my wife about this event, which occurred over a decade ago," Schwarzenegger told the Los Angeles Times in a statement. "I understand and deserve the feelings of anger and disappointment among my friends and family. There are no excuses and I take full responsibility for the hurt I have caused. I have apologized to Maria, my children and my family. I am truly sorry. I ask that the media respect my wife and children through this extremely difficult time. While I deserve your attention and criticism, my family does not."
The news came a week after Schwarzenegger and Shriver confirmed their separation after 25 years of marriage. Shriver, a Kennedy heiress and former TV journalist for NBC, has since hired a divorce lawyer, according to People. However, she reportedly hasn't decided yet whether she plans to file for divorce.
The couple have four children together: Katherine, 21, Christina, 19, Patrick, 17 and Christopher, 13.