“You can’t handle the truth!” Jack Nicholson proclaimed in A Few Good Men.

And guess what?

Maybe we can’t now, because he’s quitting acting.

[UPDATED]: E! Online reported that sources close to Nicholson said that the movie star is not quitting acting; in fact, he’s considering a few scripts.

According to Radar, an American entertainment news aggregate, a Hollywood film insider said that, “Jack has – without fanfare – retired.” Ultimately, the reason for Nicholson’s retirement is due to his suffering issues of old age. “There is a simple reason behind his decision — it’s memory loss. Quite frankly, at 76, Jack has memory issues and can no longer remember the lines being asked of him.”

“His memory isn’t what it used to be.”

The 76-year-old movie icon has twice won the Academy Award for Best Actor in his performances in the 1975 film One Flew Over the Cuckoo’s Nest, as well as the 1997 film As Good as It Gets. Nicholson also won the Academy Award for Best Supporting Actor for the 1983 film Terms of Endearment. He has been nominated for a record-setting 12 Oscars, eight for Best Actor and four for Best Supporting Actor.

The producers of the upcoming film Nebraska intended for Nicholson to play the main role as an aging, alcoholic father that embarks on a journey from Montana to Nebraska with his son in order to claim a million dollar Mega Sweepstakes Marketing prize. The role has since been given to Bruce Dern after Nicholson told the filmmakers he was not interested.

In the 1950’s, Nicholson began his career in Hollywood at the MGM cartoon studio where he served as a gofer for the animated legends Joseph Barbera and William Hanna.  After seeing his talent as an artist, Nicholson was offered a starting level position as an animator, but respectfully declined stating that he sought out to become an actor.

Nicholson made his film debut in 1958 with teen drama The Cry Baby Killer. His last film was back in 2010, where he co-starred with Paul Rudd, Reese Witherspoon and Owen Wilson in the romantic comedy-drama How Do You Know.

(Image via Wikicommons)