The Aerosmith singer is keen to reunite with his band members after being the part of the talent show alongside Jennifer Lopez and Randy Jackson, TMZ reported.
"After some long ... Hard ... Thoughts ... I've decided it's time for me to let go of my mistress 'American Idol' before she boils my rabbit," Tyler said in a statement.
His comment is a reference to "Fatal Attraction" where an obsessed woman kills her lover's daughter's pet rabbit.
"I strayed from my first love, Aerosmith, and I'm back