“Safety was the main priority, so after speaking with the police and relevant authorities the whole thing was cancelled.”
The stunt was later filmed on green screen at a studio in Surrey along with another action which also had to be canned.
The insider added: “The cancellation was a massive blow to the film, which has already experienced a few issues ... It cost a huge amount of money and was a massive headache for everyone involved.”
Diaz will appear in the film alongside Jamie Foxx - who she also worked with on her last big screen outing in 2014′s Annie remake.
She previously put her movie career on hold to focus on her marriage to Benji Madden and raising their daughter Raddix, 3.
However, reports suggest Diaz might need another long break after she wraps filming on her new project.
A source told Daily Mail: “These back-to-back 10-hour workdays have been a lot on her and she hates being away from Raddix.
“Cameron loves being a mom more than anything in the world ... She has already proven herself in the industry and has nothing left to prove to anyone.”