Linda Hogan, 52, has announced that she and Charley Hill, 23, have called off their engagement.

According to E! News,  the ex-wife of WWE legend Hulk Hogan made the announcement on her Facebook page on Tuesday. ”Ok…” Linda Hogan wrote, “My status has changed.”

After declaring that “I am now single,” Linda Hogan explained that their decision to call off their engagement was prompted by “The great therapy we had together and time to think and concentrate on who we are and who we want to be.” She and her fiance Charley Hill “decided that we should each travel through life in different directions.”

The former Linda Claridge thanked her fans for sticking by her and her ex-fiance. ”But, thank you all for always being so supportive of our relationship and choices,” she wrote, adding, “I hope that you all understand and are not be too terribly disappointed,” and telling her fans that she loved them.

Her fiance, Charley Hill, is only a year younger than Linda’s daughter Brooke Hogan, and in fact went to school with Brooke. He first began dating the much older Linda Hogan in 2008. Their relationship became public in July 2010 after Hulk Hogan himself confirmed that his ex-wife and Hill were now engaged.

According to Linda’s attorney, Raymond J. Rafool, the ‘Hogan Knows Best’ matriarch made “a very positive step. Linda is extremely busy,” he said, citing a soon-to-be-released cosmetic line and several planned television projects.

The plan was for Linda Hogan and Charley Hill to exchange vows last summer aboard Hogan’s yacht Alimony. But their nuptials never took place, and the couple hashed out their problems on VH1′s ‘Couples Therapy.’