BRITNEY SPEARS & FIANCE JASON TRAWICK CALL IT QUITS

Britney Spears and Jason Trawick are moving on ... but not together. The pop star and her fiance confirmed their split after more than three years of companionship.

"Jason and I have decided to call off our engagement," said Spears in a statement. "I'll always adore him and we will remain great friends."

Spears had been married once before to Kevin Federline with who she has two sons, Jayden James and Sean Preston. They called it quits in 2006 before a very public meltdown that led to her father Jamie Spears becoming her conservator.

Trawick, a Hollywood agent at William Morris Endeavor Entertainment, and the 31-year-old began dating in 2010, and have been engaged since December 2011. The following April, Trawick was appointed co-conservator of Spears' personal affairs. The agreement was nulled on Friday when a judge agreed to remove his name from legal documents. Per Trawick's resignation, Spear's father will remain as conservator to both her estate and her personal daily decisions.

"As this chapter ends for us a new one begins," wrote Trawick. "I love and cherish her and her boys and we will be close forever."

Reasons for the split range from family to working issues. A winter wedding had been in the works but was called off. Spears reportedly wanted to have more kids but Trawick didn't want to expand the family. Other sources say, Spears' hectic pop star lifestyle had taken a toll on Trawick, who wanted some more "me" time.

In addition to this big break-up news, Spears announced this week she would not be reprising her judging duties on FOX's X-Factor next season, and was shopping the idea of a residency in Las Vegas.

We take you back to happier times for the couple, when Trawick starred in Spears' "Criminal" video.