The Essex star confirmed his decision via Twitter, telling fans: "I've decided to take a break from TOWIE,I would like to thank the shows producers, the whole crew & cast! Gonna miss you all."
He added: "I also want to say thank you to all the TOWIE fans.. It's been an EPIC journey that I've loved sharing with you guys! Will miss you all xx."
Ricky's departure comes just a few days before the TOWIE cast are due to fly to Marbella to film scenes for the opening episode of the 15th series.
It also comes shortly after another TOWIE star, Jasmin Walia, announced her exit.
Co-star Elliott Wright referenced this in his response to Ricky's decision to leave, joking: "Another one bites the dust!"
Ricky joined TOWIE in series four back in 2012. His biggest storyline was his relationship with now-ex-girlfriend Jessica Wright. We watched them fall in love, move in together, face cheating allegations, mull over their future, and go through a bitter split.
Since then, Ricky has gone on to find love with Geordie Shore's Marnie Simpson.
According to The Mirror, this new relationship was a fact in Ricky leaving as Marnie is based up north and he's in Essex. A source also revealed Marnie could never appear on TOWIE because of her Geordie Shore commitments.
Ricky joins a slew of TOWIE stars who have left the show in the past year including Jasmin, Dan Osborne and Charlie Sims.
We'll miss you, Ricky!
Ten reasons we want to be on TOWIE!
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