By Ryan Clark on March 11, 2008 at 11:49 AM EST

There was something to Jeff Hardy losing the Intercontinental Championship last night on Raw. WWE just issued the following announcement on their official website:

In accordance with its Substance Abuse and Drug Testing Policy, WWE has suspended Jeff Hardy for 60 days, for his second violation of the company's policy.

[PAGE 2] Jeff Hardy QUITS After Raw Last Night - Says Its UNFAIR! **HUGE NEWS**