Transformers 3 – Megan Fox Out!

transformers-3-megan-fox-outThe third time is not going to be the charm for Megan Fox. Paramount Pictures confirmed Wednesday that production on Transformers 3 is moving forward without the franchise’s resident hottie, E! News has confirmed.

So why did Michael Bay say she’d totally be back for the threequel? What a Decepticon!

Sure, Megan Fox said all sorts of ridiculous things and chomped into the hand that fed her with the lethal teeth she sported in Jennifer’s Body, but Bay acknowledged that her “crazy quips are part of her crazy charm” and said he still loved working with her.

Megan Fox is seeking to transform rumor to fact.

The actress is slamming speculation she was booted from the third installment of the Transformers action film franchise.

“Megan Fox will not be starring in Transformers 3,” reps for the actress, 24, tell PEOPLE. “It was her decision not to return. She wishes the franchise the best.”

Citing unnamed sources, Variety reports the studio and the film’s director, Michael Bay, intend to cast another actress as star Shia LaBeouf’s love interest to move the story in a different direction.

Shooting for the film, slated for a July 2011 release, is expected to kick off this summer in locations across the U.S.

Fox, meanwhile, is prepping for the June 18 release of Jonah Hex, an action film she stars in opposite Josh Brolin, John Malkovich and Will Arnett.