American rock Artist Frontman Steven Tyler confirmed earlier this week their band Aerosmith is planning a farewell tour for 2017, telling Howard Stern on Tuesday, "I love this band, I really do, and I want to squash every thought that anybody might have about this: The band's over."
"We're doing a farewell tour, but it's only because it's time," Tyler, 68, said.
The radio host made Tyler confirm it: Did he mean "farewell" as in the band would be gone for good?
"Yeah," Tyler said, adding that guitarist Joe Perry also knows. (Tyler's manager did not immediately respond to PEOPLE's request for comment.)