NBC News says its six-month suspension of the former Nightly News anchor is over and that Williams will take on a new role as breaking news anchor for MSNBC this September, CNN reports.
Williams, 56, was suspended without pay for telling an exaggerated story on Jan. 30 about being in a helicopter brought down by enemy fire while embedded during the war in Iraq in 2003. He told a similar story to David Letterman in 2013.
Though Williams' return to MSNBC means he'll be back to work, to many it's considered a demotion. Williams is returning to the network he left in the mid-1990s in an attempt to one day succeed Tom Brokaw for the Nightly News spot, which he attained in 2004, according to The New York Times.
Lester Holt now hostsNightly News after replaceing Williams amid the controversy.
During Williams' absence, NBC conducted an in-house investigation that uncovered several other misrepresentations in his past. Despite the findings, a network source told PEOPLE in June it was unlikely Williams would be fired.
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It's unknown if Williams will return to the same office space.
Williams has mostly kept quiet about the situation, though he did address it with Matt Lauer during an appearance on NBC's Today show in June, admitting to saying "things that weren't true" but insisting he "wasn't trying to mislead people."
No specific date has been set yet for Williams' return in September.