Darren Till has confirmed UFC granted his release but vowed he is "not going anywhere".
Till last fought in December, losing via third-round submission to Dricus du Plessis.
He was removed from the middleweight rankings on Wednesday.
Posting on Twitter, the 30-year-old confirmed he had the release from UFC, in which he has fought since 2015.
"What's happening everyone," Till posted.
"Me, Dana [White] and Hunter [Campbell] are still cool as f***. I asked UFC to remove me just to sort some other s*** for the foreseeable.
"They happily agreed to release me out of contract which I appreciate. I'm not going anywhere, got big plans to execute and I'll be back."
Till was unbeaten in his first six fights before challenging Tyron Woodley for the welterweight title in September 2018. He lost via second-round submission and, following a knockout defeat to Jorge Masvidal, moved up to middleweight.
The English fighter won his first bout at the weight against Kelvin Gastelum but has since struggled, failing to win any of his last three fights, losing to Robert Whittaker and Derek Brunson prior to his most recent defeat against Du Plessis.