Tyson Fury's reign as World Champion is set to come to an abrupt end as he prepares to surrender his WBA Super and WBO Heavyweight titles.
According to the Mirror, both the WBA and WBO are preparing to strip Fury of his titles after 11-months without stepping into the ring.
The charismatic boxer had already lost the IBF Heavyweight World title after opting to rematch Wladimir Klitschko instead of fighting his mandatory challenger Vyacheslav Glazkov.
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Fury is understood to be ready to renounce his titles voluntarily before they are taken by force in an attempt to save face.
His ongoing battle with depression leaves him in no fit state to defend his titles.
He also faces sanctions from both UK Anti-Doping and the British Boxing Board of Control after testing positive for anabolic steroid nandrolone and cocaine.
It is reported that Fury will be made a 'champion in recess', allowing him to challenge for his lost titles almost immediately after returning to full health.
However, due to the doping allegations made against him, it could be some time before we see the 28-year-old fight again.
Fury's uncle and trainer Peter Fury revealed that his nephew had been "driven to despair" by his ill mental health and appealed for the public to be supportive in a tough period for the boxer.
His cocaine abuse is believed to have been a coping mechanism used to battle his depression, but the possibility remains that the British Boxing Board of Control could strip Fury of his license to box.
With Fury now out of the picture for the foreseeable fixture, Klitschko has now turned his attentions to challenging Anthony Joshua for the IBF Heavyweight World title.
Fury has since tweeted the below picture of himself alongside all his belts.
Boxing promoter Eddie Hearn has revealed that he is optimistic the deal will be finalised very soon, and David Haye has confirmed on his Twitter account that it's already been agreed.