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Bill Demott just announced the following on Twitter:
"I deny the recent allegations made about me, however, to avoid any embarrassment or damage to the WWE, I've decided to step down from my role effective immediately."
Obviously, this is all the end result of the recent letters publically leaked regarding allegations of wrong-doing by DeMott in his role as a WWE Coach and Trainer.
PWInsider.com has confirmed with sources within WWE has DeMott has "resigned completely" from the company.
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