It's time to accept reality, ladies. Peter Kraus is not going to be The Bachelor — and he confirmed the news exclusively with Life & Style The personal trainer, who was the runner-up on Rachel Lindsay's season of The Bachelorette, revealed he is done with the reality dating franchise — and has no plans to return.

"I have put my life in a totally different direction," Peter said while promoting his partnership with Hive, a new friend-making app designed to help you find local people who share your interest. "From the very start, I have been very happy with not being The Bachelor. It wasn't right for me at that time and where I am at at this point in my life, it's not right for me either. I'm happy where I'm at. I love it." BRB, going to grab some tissues.

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While it might take fans a while to accept that Peter, 31, will not be handing out roses, he admits he is a fan of Arie Luyendyk Jr., who currently holds the title. "I like him. People were giving him some push for being sort of quiet and reserved, but he seems to be in it for the right reason, and that's to find love," Peter added in the Facebook Live video. "I think he's taking what he has, and that's a lot of women, and trying to condense them to his top group and take it very seriously."

Following the news that Arie, 36, would be making his comeback to the ABC series five years after his appearance on Emily Maynard's season of The Bachelorette, fans began trolling the former race car driver on social media with the #NotPeter hashtag. However, Arie is handling the pressure like a champ. “In the moment, I was cast really late. I feel like a lot of people were expecting a different Bachelor,” he told Us Weekly. “It also gave me a little insecurity that first night. I wanted to make sure whoever was there was there to meet me and if they weren’t there to meet me, they’d just give me a chance to let them know who I was.”

He continued, "I wasn’t what everyone was expecting. I totally realize that and that’s something that I’m fine with that, you know?” Arie might be fine, but we'll never let go, Peter. Love The Bachelor? Be sure to join our Bachelor Facebook group to chat about all the latest updates, exclusive interviews, and juicy gossip!