The Monthy Python troupe has turned down a world tour that would have earned them $32 million.
John Cleese, Eric Idle, Michael Palin and Terry Gilliam had been offered the hefty sum by promoters who wanted them to tour in the Far East, Africa, Australasia and America but they said no to the deal because they are "grumpy old men".
Eric said: "It is really the end. I mean, we talked about it, we did it, we said 'No, let's just do it in London, we'll do 10 nights.'
"We could've gone on to Australia, South Africa and then you spend the rest of your life wondering what town you're in.
"But we're all in our 70s, everybody has different things to do that interest them, so it's like a great farewell. It's like 'Let's just take a final bow'.