Amir Khan has withdrawn his appeal against his controversial defeat by Lamont Peterson but talks over a rematch will go ahead as planned.
Khan lodged an appeal after claiming the referee Joe Cooper unfairly docked him two points in the split decision loss in the Washington bout on December 10.
As well as the docked points, the 25-year-old, who knocked down Peterson twice in the first round, argued that the judges scoring was incorrect and he later questioned why Mustafa Ameen was at ringside.
The WBA have ordered a rematch but the appeal had been expected to proceed with Khan, along with father Shah and business manager Asif Vali in New Jersey for the hearing.
However, Golden Boy Promotions have withdrawn their appeal over fears that the IBF hearing would be one-sided.
"Due to the fact that there was only to be partial representation of fight officials who were involved with the December 10, 2011 Amir Khan v Lamont Peterson bout at tomorrow's scheduled appeal hearing of the fight's outcome before the International Boxing Federation, Golden Boy Promotions and Team Khan have decided to withdraw their appeal and focus their full attention on Amir's next fight," a Golden Boy statement said.
"Golden Boy Promotions and Team Khan are pleased to have been vindicated by the World Boxing Association's (WBA) recent decision to mandate an immediate rematch and still hope that Mr Peterson will honour earlier statements in which he asserted that he would be happy to agree to a rematch.
"In that vein, Golden Boy Promotions and Team Khan would agree to a 50/50 split of worldwide revenues derived from a rematch (including those derived from the United Kingdom) should Mr Peterson agree to participate, and hope that this will be both financially and professionally satisfying to Mr Peterson and his team."