South Korean boy band GOT7 formed by JYP Entertainment is leaving the agency. The band comprising of members namely JB, Mark, Jackson, Jinyoung, Youngjae, BamBam and Yugyeom have been with JYP since 2014. Now after nearly seven years, they are parting ways. Now, the septet took to their individual Instagram pages and shared a selfie posing with each other and captioned it as "#GOT7FOREVER".

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Mark Tuan also tweeted, "These past seven years have been the best years of my life. Nothing is coming to an end, just the beginning. The seven of us are going to continue to bring you guys the best version of us till the end. #GOT7FOREVER."

Check out both the posts below:

According to Soompi, JYP released a statement regarding GOT7 leaving the agency. It read as "Hello. This is JYP Entertainment.

JYP has held thorough discussions with the GOT7 members ahead of the expiration of their exclusive contract on January 19.

As a result, both sides have agreed not to renew the contract while hoping for a fresh future.

GOT7 has performed exceptionally as a global idol group that represents K-pop since their debut on January 16, 2014.

We genuinely thank GOT7 for being part of the growth of K-pop and JYP, as well as I GOT7 and all fans who have been a source of motivation to GOT7’s activities with their endless support since their debut.

Our official relationship ends here, but JYP will sincerely cheer on the new future that the GOT7 members will advance into."