"Piven appeared to confirm the show's end in a tweet on Monday: ". sorry we don't get to continue with this great family we have created", he said in a Twitter post.
The crime drama is slated to wrap production on its 13-episode original order in mid-December.
There is no word at present what will air in place of "Wisdom of the Crowd" on Sunday.
CBS Essentially Cancels Wisdom of the Crowd
According to EW, recent allegations of sexual assault by Piven likely led to the cancellation.
Actress Ariane Bellamar accused the former leading man of groping her on the set of HBO's Entourage and was soon followed by other women alleging they endured similar behavior from the actor. Airing out of veteran "60 Minutes", the series is averaging a modest 7.4 million viewers with a 1.0 rating in coveted adults 18-49. A third accuser, advertising executive Tiffany Bacon Scourby, came forward on November 9, detailing a forced encounter with Piven in 2003.
Previously CBS said they were "looking into" the allegations against their star, who played a Silicon Valley tech innovator who used crowdsourcing to help solve crimes in the drama series.
"Thanks for all the love, going to miss it as well..." Meanor claimed Piven pinned her down at her Los Angeles home in 1995 and Taneie accused him of grabbing her breast and genitals in 2009, during the making of Entourage.
Actress Naya Rivera accused of domestic violence
Ryan also allegedly had video footage of the attack and was able to show police when they arrived on the scene at around 9:30 p.m. She asked for primary custody of their son, but they reconciled not long after and Naya withdrew her request for sole custody.