George Calombaris has announced he is closing the doors of his Hellenic Republic restaurant in Melbourne after he was forced to pay back $7.8 million to his staff.

The former Masterchef judge will shut the doors to his popular restaurant next month following the scandal of underpaying over 500 of his staff.

Calombaris announced his decision on his Instagram account.

READ MORE: Workplace watchdog says Calombaris’ fine for underpaying staff could have been higher

“On December 31, 2019, we are farewelling Hellenic Republic Brunswick and transforming our beloved space into ‘Crofter’ with our new partner.”

The 41 -year-old is said to be worth an estimated $5 million and was forced to backpay $7.8 million to those employees.

READ MORE: Former MasterChef Calombaris breaks silence with teary, heartfelt apology for wage theft error