The sad rumor has become and officially depressing reality: Psych will come to an end following this season.

USA made the announcement today via press release.

“PSYCH has made an indelible imprint on the television landscape, with a unique brand of comedy,” said network President Chris McCumber. “The final season celebrates the iconic characters that have made this show so beloved, and will be an exclamation point on the series’ incredible run. And while the series will wrap in March somehow I don’t believe we’ve heard the last of Shawn and Gus.”

Look for the series finale to air on March 26 and be followed by a live one-hour after show that features a Q&A with the cast and producers.

"PSYCH is one of those rare projects that broke into the cultural mainstream," adds Jeff Wachtel, President and Chief Content Officer, NBCU Cable Entertainment. "Its wild energy, fearless fun and engaging characters delivered an unrivaled series that will continue to be loved by fans for as long as there are ways to watch TV."

Is this unfortunate news? Yes. But we wrote previously how even 10 episode of Psych Season 8 is enough.

And, hey, you'll always be able to watch Psych online!

Matt Richenthal is the Editor in Chief of TV Fanatic. Follow him on Twitter and on Google+.