From left: Kevin, Nick and Joe Jonas
Splash News Online
10/29/2013 at 11:15 AM EDT
Nearly three weeks after the Jonas Brothers
announced they were canceling their tour
due to a "deep rift within the band,"
the brothers tell PEOPLE that they've decided to call it quits.
"It's over for now," Kevin Jonas says.
"It's really hard to say 'forever,' " says Nick. "We're closing a chapter, for sure."
"It was a unanimous decision," says Joe.
It came after a meeting on Oct. 3, where Nick Jonas confessed to his brothers that he had serious concerns about the future of the band.
"I was feeling kind of trapped," he said. "I needed to share my heart with my brothers."
For more on the Jonas Brothers' decision to call it quits, including Joe's reaction to false reports he had drug problem, pick up this week's issue of PEOPLE, on newsstands Friday