A Banach space X is called a twisted sum of the Banach spaces Y and Z if it has a subspace isomorphic to Y such that the corresponding quotient is isomorphic to Z. A twisted Hilbert space is a twisted sum of Hilbert spaces. We prove the following tongue-twister: there exists a twisted sum of two subspaces of a twisted Hilbert space that is not isomorphic to a subspace of a twisted Hilbert space. In other words, being a subspace of a twisted Hilbert space is not a three-space property.