 Fallon denies any wrongdoing |
Kieren Fallon will miss the Breeders' Cup meeting after opting not to proceed with his application to ride in the US. The six-times champion was charged with conspiracy to defraud in July after a City of London Police investigation.
He was banned from riding in Britain, and officials in Illinois stopped him riding in the Arlington Million.
Fallon's legal team said uncertainty about obtaining a licence in time to ride at the prestigious Kentucky event had prompted his decision.
The Irish jockey strenuously denies the charges brought against him and had been contesting the decision of the Illinois stewards.
Officials in Kentucky were due to meet last month to decide on Fallon's participation at Churchill Downs on 28 October.
But a decision was put back as lawyers for the rider indicated they would seek to overturn the decision of the Illinois racing authorities.
Christopher Stewart-Moore of Ralph Davis Solicitors said in a statement: "Kieren feels this situation is untenable and unfair to (trainer) Aidan O'Brien who needs certainty in his arrangements for the Breeders' Cup.
"He has regretfully made his decision known to the trainer and owners involved and hopes they will enjoy a successful campaign."