Letsholonyane, 38, joined the Lions of the North in September last year after four impressive years at SuperSport United and added a wealth of experience into Owen Da Gama's squad.
And after helping them finish ninth in their second season since their return to the top-flight, the two-time league winner has questioned the status-quo of buying and selling statuses in the league.
TS Galaxy has acquired their position in the league, pending PSL approval, which has left 'Yeye' shocked with the current ongoings - as Bidvest Wits too no longer exist one year before what was meant to be their centenary celebration.
"Wits [have been] sold, one of the best teams that had a good development structure from under-nine to MDC," he expressed on social media.
"Highlands Park [still not yet confirmed] also with a good facility, a lot of potential, good development structures [from] under-nine to MDC, [it's] way too easy to own a PSL status or what?"
Mamelodi Sundowns have already agreed deals with star duo Mothiba Mvala and Peter Shalulile but several members of the squad could be left without contracts should Tim Sukazi's outfit opt not to retain them within the takeover.