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That was being speculated as a possible reason well before Shepard reported it though. Also people have been accusing Shepard of just reading all the rumors online and reports from Fightful in order to break his news. Even Bodyslam.net, which is near the bottom in terms of reliability, apologized for using Shepard as a source for their own report on WWE wrestlers feeling they were being held against their own will.
Meltzer and/or Alvarez did hint at the possible reason being serious enough they didn't want to say anything potentially definitive until all of WWE's talent was out of the country.
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