The star of season 4's 'The Bachelor' Bob Guiney and his wife of five years, 'All My Children' star Rebecca Budig, are on the outs, sources close to the couple tell PEOPLE. "Lately it's become clear that nothing is going to save this," a friend of Budig says. "They've just grown apart and are no longer the people they were when they got married."

In a statement, the couple says, "We love each other very much. We are best friends and don't know what the future holds." At Wednesday's Television Critics Association event in Pasadena, Calif., Budig was present -- and noticeably not wearing her wedding ring.