Michael Douglas and Catherine Zeta-Jones have decided to put their marriage 'On Hold' indefinitely, reports People Magazine.

The two haven't been photographed together since April 22, so what's really going on with one of Hollywood's most celebrated couples? In this week's new cover story, two close confidantes tell PEOPLE that they've decided to take time apart: "They're taking a break," one source says. Neither star has filed for divorce or moved toward a legal separation, sources say. - People

Douglas, 68, and Zeta-Jones, 43, who have two children, Dylan, 13, and Carys, 10, together. Those close to the couple hold out hope they can work out their differences. Says one family friend: "They want the best for their kids, no matter what happens."

We'll have more information as it becomes available.