Megan Fox FIRED? Cut From 'Transformers 3' By Michael Bay

Megan Fox claims it was her idea not to return for the third installment.

"It was her decision not to return. She wishes the franchise the best."

Just days ago Shia LaBeouf promised 'Transformers 3' would be better than 'Transformers 2.'

One possible improvement?

Michael Bay has decided not to pick up Megan Fox's option for 'Transformers 3,' Nikki Finke reports in a bombshell story.

Finke reports Bay and team are working on a script and "giving Shia a new love interest [that] makes more sense for the story."

Revenge? Late last summer Fox likened Bay to Hitler and Napoleon on set.

In response an anonymous crewmember posted a scathing open letter to her online, calling her dumb and classless.

Other than the Transformers films, Fox has headlined the disappointing 'Jennifer's Body.'

Bay cast her when she was a virtual unknown, best known for a role as a daughter on the long-gone Kelly Ripa sitcom 'Hope & Faith.'