Earlier this week, Katie - who is unexpectedly six months pregnant - stunned fans by announcing that she is to divorce part-time stripper Kieran after claiming that he has been having an affair with her best friend Jane Pountney.
Kieran, 27, and Jane, 49, have not commented on the allegations, however Jane's husband Derrick has denied the affair and branded it a "storm in a teacup" sparked by a drunken kiss.
This morning, following reports that Katie has asked Kieran to move into a log cabin in her garden, it has been confirmed that he has temporarily parted ways with Adonis Caberet, the company he strips for.
In a statement, Adonis said it has put his act on hold for the time being as the alleged affair is having a "negative distraction" on the firm.
The rep said: "As a team, we are shocked and saddened to hear the stories in the press regarding Katie Price and Kieran.
"We have spoken to Kieran at length and respect that some matters are very personal, it's been a shock to everyone, Kieran has always seemed so happy and enjoying family life."
The statement continues: "www.AdonisCabaret.co.uk will be temporarily postponing management of Kieran's stripping career during this period as the press bombardment is having a negative distraction on our amazing Adonis Cabaret team and all the hard work that is put in to make our audiences happy.
"The Adonis family will always be here for him. We very much hope Kieran and Katie can work though this troubled time."
The company also said 'axed' was "too harsh a word" to describe the agreement, which was made with Kieran's cooperation.
Meanwhile, Kieran's grandmother Rosita Talbot, 80, has also spoken out and branded him a "naughty boy".
And outspoken Katie Hopkins - who is usually the first to stick the boot into Katie Price - has told her column readers that she is on the soon-to-be mum-of-five's side.
Following her Twitter outburst on Wednesday, Katie has not used the social networking site. Although still active, Kieran has not tweeted from his account either.
Katie Price: Her past relationships in pictures:
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