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Alex Pereira vacated the UFC light heavyweight title, UFC president Dana White announced.
No reason was disclosed on Friday for the decision surrounding Pereira (13-3-0), however speculation is running rampant that the Brazilian is poised to move up in weight class.
Pereira, 38, had yet to defend the title after reclaiming it from Magomed Ankalaev of Russia via first-round knockout at UFC 320 on Oct. 4. Pereira got revenge for a unanimous decision loss to Ankalaev at UFC 313 in March.
Jiri Prochazka and Carlos Ulberg will battle over the vacant light heavyweight title at UFC 327 on April 11 in Miami.