Led Zeppelin singer Robert Plant tore up a contract that would have paid the band $800 million to reunite, The Mirror reported Sunday.
The legendary band's other surviving members - Jimmy Page and John Paul Jones - along with Jason Bonham, the son of deceased Zeppelin drummer John Bonham, had agreed to a 35-date tour, but Plant was the lone holdout, according to the British newspaper. The tour would have been presented by Virgin billionaire Richard Branson.
"Jimmy, John and Jason signed up immediately," said a person The Mirror identified as a "band source." "It was a no-brainer for them but Robert asked for 48 hours to think about it. When he said no and ripped up the paperwork he had been given, there was an enormous sense of shock. There is no way they can go ahead without him."
Added another "source close to the group," according to The Mirror: "They have tried to talk him round but there is no chance. His mind is made up and that's that."
A lifelong fan of the band, Branson, had planned to rebrand a jumbo jet as "The Starship" to transport the group during the proposed tour.
Zeppelin last performed together in 2007 for a one-off show at London's O2 Arena. Further reunions have been rumored since then, but no shows were scheduled.
The group broke up after John Bonham's death in 1980.