Iconic rocker Neil Diamond&nbsp;won&#39;t be touring for concerts anymore as he announced his retirement on his official website Monday.&nbsp;

Cancelling the third leg of his 50th Anniversary tour, which was set to launch in March across Australia and New Zealand, Diamond revealed that he has been diagnosed with Parkinson&#39;s disease and his doctor recommends him to stop travelling for concerts with immediate effect.

&nbsp;In a statement, the singer wrote:&nbsp;&quot;It is with great reluctance and disappointment that I announce my retirement from concert touring. I have been so honoured to bring my shows to the public for the past 50 years. My sincerest apologies to everyone who purchased tickets and were planning to come to the upcoming shows.&quot;

The 77-year-old Rock and Roll Hall of Fame-inducted singer, however, hopes to continue making music and added:&nbsp;&ldquo;I plan to remain active in writing, recording and other projects for a long time to come.&nbsp;My thanks goes out to my loyal and devoted audiences around the world. You will always have my appreciation for your support and encouragement. This ride has been &lsquo;so good, so good, so good&rsquo; thanks to you.&rdquo;

He also mentioned that all fans who have purchased tickets will be refunded in full at the earliest.&nbsp;

In another news, Diamond will be&nbsp;presented with the Lifetime Achievement Award by the Recording Academy at the Grammy Awards on January 28.&nbsp;&nbsp;

As revealed on the rocker's website, Diamond cancelled the upcoming Australian and New Zealand legs of his 50th Anniversary tour

Iconic rocker Neil Diamond won't be touring for concerts anymore as he announced his retirement on his official website Monday. Cancelling the third leg of his 50th Anniversary tour, which was set to launch in March across Australia and New Zealand, Diamond revealed that he has been diagnosed with Parkinson's disease and his doctor recommends him to stop travelling for concerts with immediate effect. In a statement, the singer wrote: "It is with great reluctance and disappointment that I announce my retirement from concert touring. I have been so honoured to bring my shows to the public for the past 50 years. My sincerest apologies to everyone who purchased tickets and were planning to come to the upcoming shows." The 77-year-old Rock and Roll Hall of Fame-inducted singer, however, hopes to continue making music and added: “I plan to remain active in writing, recording and other projects for a long time to come. My thanks goes out to my loyal and devoted audiences around the world. You will always have my appreciation for your support and encouragement. This ride has been ‘so good, so good, so good’ thanks to you.” He also mentioned that all fans who have purchased tickets will be refunded in full at the earliest. In another news, Diamond will be presented with the Lifetime Achievement Award by the Recording Academy at the Grammy Awards on January 28.

Neil Diamond announces retirement from concert touring after Parkinson's diagnosis

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Neil Diamond announces retirement from concert touring after Parkinson's diagnosis