Trainer Mouse Morris has confirmed that First Lieutenant will not run in the Hennessy Gold Cup at Newbury on December 1.
Bookmakers have him high up in their lists for the prestigious handicap, but Morris has been put off the idea.
"He won't be going over for the Hennessy," said the County Tipperary handler.
"He's rated higher over there now so I'm not tempted.
"We'll just have a sit down and see what's next."
First Lieutenant ran a blinder in the JNwine.com Champion Chase at Down Royal when finishing second behind Kauto Stone.