Full-back Lee Naylor has had his contract with Accrington terminated ahead of a potential move to a club in a higher division.
The 33-year-old penned a short-term deal with Stanley in November and has gone on to make 14 appearances.
However, with the ex-Celtic defender's stay at the Store First Stadium nearing its end, boss James Beattie explained the two parties had decided to part company.
"I've had a few long chats with Lee and the travelling has been really getting to him," Beattie admitted.
"He's had a bit of interest from higher league clubs and we decided to mutually terminate his contract.
"We're sad to lose Lee with him being an experienced pro but we had a chat and were honest with each other. It's disappointing to lose a player of his quality but I understand totally where he's coming from.
"I think anybody who has seen him play this season will have seen that his quality is undeniable. There were always going to be teams watching him.
"I think it was good for both parties to get Lee playing football again and maybe help him fall back in love with the game again and it was great for us to have his quality for the kind of money that he shouldn't be on."