The four-time World champion will now consider his future before potentially defending his WBA Super Middleweight title this summer.
Mandatory challenger James DeGale MBE will now fight the next available contender for the vacant title, and the IBF will instruct Eddie Hearn and Matchroom Sport as to who that will be and negotiations will commence immediately.
“It’s been a frustrating couple of weeks with terms agreed for the Chavez fight only for me to be unable to proceed in camp due to injury,” said Froch. “I know what it’s like to wait for a shot and I didn’t want to hold James up in fighting for a World title.
“James is a great fighter and I hope he can go out and win that title and who knows, we may even meet later in the year.”
“Talks continue with the Chavez camp regarding a summer clash in Las Vegas, and discussions have taken place with Golden Boy Promotions regarding a bumper clash in Nottingham with two-weight World champion legend Bernard Hopkins in the summer,” said Hearn.