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published Wednesday, March 14th - 8:33am

A day after announcing he will be ending his marriage after eleven years, Peter Facinelli was spotted out in L.A. without his wedding band.

The parents of three daughters aged 5, 9 and 14 issued this statement on Tuesday: "While we have decided to end our marriage, we both share the same deep love and devotion to our children. We remain dedicated to raising our beautiful daughters together. We ask for privacy and respect during this time."

And there is new information about what led to the split. The couple separated briefly last summer, with Jennie staying at their home and Peter renting a place nearby. At issue? Sources say he was cheating. Insiders say Facinelli had a "torrid affair" with a Canadian woman in her late 20's. It reportedly happened while he was shooting the Twilight movies in Vancouver.

A source told the website Scallywag and Vagabond: "Peter had been seeing another woman for quite some time. They tried to make it work for the sake of their children and Jennie played housewife for as long as she could but finally had enough."

We don't know if Peter is still seeing the woman.