Young and Restless' Sharon Newman in 'The Burning Ranch'

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The rumors are true. The Young and the Restless is about to retire one of its most iconic sets — the Newman Ranch. Eric Braeden (Victor) tweeted, teasing the ranch being burned down, but later took his post down. Unfortunately, it was too late. Fans across the Internet had already started buzzing about the fire!

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Soap Opera Uncensored's Nelson Branco later confirmed the development on Twitter. Reportedly the sprawling estate Kay Chancellor (Jeanne Cooper) sold to Victor Newman (Eric Braeden) way back in the early 80's, will be torched by that whack-o-mess Sharon (Sharon Case)!



The fictional spread won't be rebuilt. Victor and Nikki (Melody Thomas Scott) will instead move into (Gasp!) a penthouse. This is not right, and it's not okay. Nikki Newman is supposed to be back on that ranch in a chinchilla coat in time for winter! Grrr...