David Lynch is back on board for "Twin Peaks"

David Lynch speaks onstage during the David Lynch Foundation's DLF Live presents "The Music Of David Lynch" at The Theatre at Ace Hotel on April 1, 2015, in Los Angeles.

Kevin Winter/Getty Images

David Lynch is back.

After stepping away from the upcoming "Twin Peaks" Showtime reboot, the series co-creator is back on board, announcing the news on Twitter:

Lynch had said he was backing out over money issues, tweeting last month: "After 1 year and 4 months of negotiations, I left because not enough money was offered to do the script the way I felt it needed to be done."

Showtime had said it was "saddened" by Lynch's position, but noted that it hoped to bring back "Twin Peaks" with both Lynch and his co-creator, Mark Frost.

"Twin Peaks" ran for two seasons on ABC from 1990-1991. It took home three Golden Globe honors in 1991, including best TV series and best actor for Kyle MacLachlan, who announced in January he would be reprising his character in the sequel.

Showtime previously said the limited-run series, set in the present day, would film this year and debut in 2016.

Ray Wise, who portrayed Leland Palmer in "Twin Peaks," told CBS News last year that the part was among his most memorable roles.

"I had an opportunity to do some amazing things on that show that I don't think they've seen before or since...It was a wonderful experience, a great cast again -- and David Lynch made it very special," he said. "People still talk about it and sometimes when they write a review about a new show they'll mention that it's 'Twin Peaks'-like. That will never die, really."