Ryan Garcia has reached a settlement agreement with the New York State Athletic Commission over his recent failed drugs tests, according to reports.
Garcia tested positive for the banned substance Ostarine in tests taken the day before and the day of his career-best victory over Devin Haney in April.
The troubled boxer - who worried fans in the leadup to the fight with a series of disturbing social media posts and was recently arrested for felony vandalism in Beverly Hills - has maintained his innocence throughout after claiming he was the victim of 'supplement contamination'.
However, despite his protests he is now said to have reached an agreement with the NYSAC to settle his long-running doping scandal.
Ryan Garcia has reached a settlement agreement with the New York State Athletic Commission over his recent failed drugs tests
According to boxing journalist Dan Rafael, Garcia has accepted a punishment that will see him serve a one-year suspension from the sport, forfeit his $1.1million contract purse for the win over Haney - which his rival could take a percentage of -and pay a $10,000 fine.
His victory over Haney will also be officially changed to a no-contest, ensuring the latter keeps hold of his undefeated record.
Garcia's promotional outfit, Golden Boy Promotions, is reportedly set to receive his forfeited $1.1m fight purse.
The 25-year-old will now be kept out of the ring for the next 12 months as he serves his suspension over the failed tests, which only emerged in the weeks after his emphatic win against Haney.
After coming in almost four pounds over the super-lightweight limit, he produced the finest display of his career to date to get the better of his former amateur rival, whom he dropped to the canvas three times on his way to a points victory.
Yet that win has now been scrubbed from his record after he tested positive for Ostarine in two tests at the time of the fight, before a requested B-sample also came back for the same substance.