"Tonight is the last time you're ever going to see Paul Heyman," he says to the WWE Universe, kicking off Raw in Nashville, Tenn.
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"The sins of the mentor will befall upon his protege and I can't let that happen," Heyman says of CM Punk. "That's why tonight, I'm tendering my resignation."
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"CM Punk needs to focus on becoming the reigning, defending WWE Champion and I refuse to stand in his way," he says.
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The former WWE Champion comes to the ring to stop his mentor and manager.
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"I'm not going to let you do this," Punk says. "You're way too important to me. You're way too important to this company as a whole."
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Punk assures Heyman he will beat The Rock Sunday at Elimination Chamber.
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"You are right. You are 100 percent right. And beat The Rock you shall. And I will be there Sunday!" Heyman says before embracing Punk.