lose fat you mean?
i read an article that mentioned that you don't need to completely halt your weights training when u wanna lose weight.
keep your workouts to minimise any muscle loss and to keep your muscles in good condition, but do cardio as well, and do the whole consume-less-calories-than-you-burn thing.
a bit of muscle loss will be expected though, considering the dietary requirements.
edit: and when i say lose weight i mean lose the small amount of fat that happens when you build muscle, which is what i'm assuming you're doing.