Arnold Schwarzenegger Halts All Acting Projects – Including Terminator

05/19/2011 at 06:15 PM EDT

Arnold Schwarzenegger Halts Acting Projects
Arnold Schwarzenegger
Marc Piasecki/FilmMagic
Amid the fallout of his split from wife Maria Shriver and the news that he fathered a child out of wedlock, Arnold Schwarzenegger has ceased all acting projects, including his anticipated return to the Terminator franchise.

"At the request of Arnold Schwarzenegger we asked Creative Artists Agency to inform all his motion picture projects currently underway or being negotiated to stop planning until further notice," Patrick Knapp, entertainment counsel to Schwarzenegger and a partner at Bloom, Hergott, Diemer, Rosenthal, LaViolette, Feldman Schenkman & Goodman said Thursday.

"Governor Schwarzenegger is focusing on personal matters and is not willing to commit to any production schedules or timelines," the statement from Knapp continues. "This includes Cry Macho, The Terminator franchise and other projects under consideration. We will resume discussions when Governor Schwarzenegger decides."

As for how Schwarzenegger is doing in the wake of the scandal, a source close to him tells PEOPLE, "He feels very bad about the situation. [He is] fully prepared to do whatever he needs to do to rebuild [his family's] trust."

For much more on this story, pick up the new issue of PEOPLE, on newsstands Friday

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