According to widespread reports, the movie's director, Greg Jacobs, has confirmed in interviews that Matthew won't be proving his stripping credentials once more as filming for the second Magic Mike film gets underway.
The How To Lose A Guy In Ten Days star played the role of strip club entrepeneur, Dallas, in the first film, but sadly Matthew won't be dusting off his leathers to bust some moves for a second time.
Still, we won't ever forget Dallas' hilarious last dance, from the guitar smashing to the very enthusiastic hip thrusting!
Well played, Matthew, well played.
Meanwhile, front man Channing Tatum will be back on board so do not fear ladies, we can still count on Channing to provide the eye candy!
Talking about the Magic Mike sequel on the Graham Norton Show earlier this year, Channing didn't reveal too much, but he did say: "It's probably going to be more of the movie you expected in the first one. It's going to be bigger and funnier... crazy, just a good time."
And for anyone who is doubting whether Magic Mike should have a follow-up film or not, director Greg has said: "[The sequel] is a road trip movie and put it this way, it's different enough that once you see it you'll understand why we made a sequel. No one will be accusing us of making the same movie twice."
We definitely are!
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Watch the trailer for the first Magic Mike movie here: