On March 13, the agency released the following statement:
Hello, this is MAKEUS Entertainment.
This is a statement regarding Jung Joon Young.
Last night, Jung Joon Young sent his statement of apology to the agency, and we relayed Jung Joon Young’s statement without any modifications.
With this incident, the agency has judged that we can no longer maintain our contract with Jung Joon Young. As a result, the agreement was made to terminate the contract as of March 13, 2019 with singer Jung Joon Young, who signed with our label Label M in January 2019.
However, we feel a deep sense of responsibility for this incident that occurred due to an artist of our agency, and we will fulfill our duties until the end so that Jung Joon Young can diligently cooperate with investigations and trials as he revealed in his letter of apology.
We once again express our apologies for causing trouble due to an unfortunate situation.
Source: Naver via Soompi