Raw’s abrupt conclusion Monday night was not due to technical difficulties. The decision to suddenly end the broadcast in that manner was made by WWE Chairman and CEO Vince McMahon, who gave this quote to WWE.com:

“CM Punk was suspended indefinitely for his unprofessional conduct as soon as Raw went off the air.”

With his WWE contract expiring on July 17, one can only assume that this suspension effectively terminates CM Punk’s tenure with WWE.

UPDATE: As of Tuesday, June 28, WWE and CM Punk have reached an agreement that Punk will fulfill his non-televised live event obligations for the remainder of his contract, through July 17. Furthermore, both sides have mutually agreed not to disparage one another.