Chelsea Handler and Jo Koy have parted ways. On Monday, the 47-year-old former Chelsea host shared via Instagram that she and Koy had split.

Handler posted a video the couple had planned to share on their one-year anniversary. Handler added the caption:

It is with a heavy soul to announce that we have agreed together that it is better for us to end our relationship right now.

PEOPLE is told by a source that the couple hopes that this temporary situation will end.

Chelsea Handler Announces

Their friends hope they can still find a way to work it out. The source said that their relationship has made them both happier.

Handler said to fans, "I know that many of you were invested in our love," It still means so much. It is a love that I believe in for each of you.

She saluted Koy, and said that he had "broken my heart with love and my life has been forever changed because of him."

Added Handler - To be loved by @jokoy was one of the greatest gifts in my life. He restored my faith in men and in love. I have never felt more hopeful for the future.