Lee, 34, joined the soap in 2017 and made his first appearance on April 18.
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The character was involved in various storylines while in Albert Square and was mainly linked with Mick Carter (played by Danny Dyer) and the rest of the Carter family.
Gaining a job as a barman at the Queen Vic, Woody was involved in the sale of the freehold to Weyland & Co.
He made his EastEnders exit shortly after joining on May 19.
However, he returned a month later in June 2017 and announced that he and Whitney (Shona McGarty) were engaged.
Woody was then offered a job in Spain as a barman and decided to accept.
Worrying about breaking the news to his fiancée, Woody and Whitney initially argued before she eventually agreed – believing that he would return.
He later left a note saying that Whitney would be better in Walford and without him, and that he has left without her.
An EastEnders spokesperson confirmed Lee’s exit from the soap.
They said: “We can confirm that Lee will be leaving EastEnders when his storyline concludes this spring.”
Fans of the show took to social media following the announcement.
One viewer tweeted: “I can’t pretend and say I’m gutted to see lee Ryan leave #EastEnders because I’d be lying!
“His Character was boosted to be a BIG character with big storylines! & that just failed! – Good Luck for the future Lee.”
Another posted: “I mean, I thought Lee Ryan left a while ago. #eastenders.”
A third added: “I’m not bothered by lee Ryan leaving eastenders he’s ok but I wouldn’t cry over it!”
“Aw I kinda liked him but prefer Halfway hope he’s on his way back #EastEnders,” wrote a fourth.