Taewoon from SPEED�has decided to focus on a solo career, leaving the group to prepare for his official solo debut - starting with his participation on the upcoming 'Show Me the Money' Season 4!

As you know, SPEED had mentioned that they'd be coming back with new members, and fans had noticed that one of the members missing from some previous photos was none other than Taewoon. This left fans wondering if the rumors were true that he had really left.�

However, fortunately for fans, Taewoon has not left the agency, but was in fact preparing to start off a solo career!�MBK Entertainment said, "Woo Taewoon will participate in 'Show Me the Money' Season 4 and he also told us about his wish to have a solo hip-hop debut. We accepted his request and decided to give our full support and help him in his solo debut."

The agency also gave us an update on�SPEED, revealing that they're�currently preparing for their comeback with new member(s), who have yet to be revealed. Their upcoming song will be composed by Shinsadong Tigers and the composer of EXO's "Growl", Joombas Music Group.

SEE ALSO: Actress Kim Tae-ri accidentally refers to SBS as ‘MBC’ at the ‘SBS Drama Awards’

On a side note, for those that didn't know, Taewoon is also the leader of a rap group called 'Royal Class'. The group consists of himself, WINNER's Mino, M.I.B.'s Sims, Chancey the Glow, Konquest and Kitti B.

Stay tuned for more news on his solo career!