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Brandon T. Jackson, Eddie Murphy, Beverly Hills Cop

PacificCoastNews.com; Paramount Pictures

Did somebody put a banana in a CBS president Les Moonves' tailpipe?

Something clearly went wrong when it came to one of the most anticipated new series in contention for fall, the new Beverly Hills Cop from Eddie Murphy and Shield creator Shawn Ryan.

In what is perhaps the most surprising TV news of the day, CBS decided to pass on the reboot, despite early buzz and a high profile.

Sources confirm that the pilot likely will be shopped around to other networks, so a full series could still see the light of day.

The reboot, starring Brandon T. Jackson as the son of Axel Foley (Murphy), was poised to reunite Murphy and Judge Reinhold on screen for the first time.

Stand by, more TV pickup and cancellation news coming in by the minute!