$re = '/(?<=^|[^a-zA-Z0-9$#])\Qtext\E(?=$|[^a-zA-Z0-9])/m';
$str = 'My text is very beautyfull. Yours $text is very bautyfull. Their #text, is very beautyfull';
$subst = "";
$result = preg_replace($re, $subst, $str);
echo "The result of the substitution is ".$result;
Please keep in mind that these code samples are automatically generated and are not guaranteed to work. If you find any syntax errors, feel free to submit a bug report. For a full regex reference for PHP, please visit: http://php.net/manual/en/ref.pcre.php