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Taking to Twitter today, 6 July, Paul revealed that he has issued Fury a termination notice.
The YouTuber-turned-boxer took to the social media site to announce to fans that his opponent would not be stepping into the ring with him.
Paul wrote on the platform: "Fury’s received a termination notice. MVP did everything it could 2 help him & team. He wasn’t interested & he literally went into hiding.
"2nd time in a row he has pulled out.
"2nd time in a row I’m going to step up & take on a new opponent on short notice. AUG 6. MSG."
He also hinted that there would be another announcement tomorrow regarding the fight.
Fury’s received a termination notice. MVP did everything it could 2 help him & team. He wasn’t interested & he literally went into hiding.— Jake Paul (@jakepaul) July 6, 2022
2nd time in a row he has pulled out.
2nd time in a row I’m going to step up & take on a new opponent on short notice. AUG 6. MSG.
This cancellation marks the second fight that has failed to come to fruition for the pair, with Fury previously pulling out of their last fight in December due to 'a medical condition'.
At the time, Paul offered the chance to head to the ring on Fury’s home turf in the UK if he could cough up $15 million (£12.4 million) – an amount that Paul claims his rival 'doesn’t have'.
Paul suggested that Fury’s lawyers have 'advised him to go the embassy to get his visa' in order to travel to the US and have their fight as planned.
Previously, Fury said to his followers about his refusal into the US: "Me and my team this morning arrived at Heathrow Airport, ready for the press conference, ready to fly out, and as soon as I entered the airport I got pulled to one side and I was told by a Homeland Security officer that was there that my ESTA had been denied and that I wasn't able to travel to the USA for a reason that I apparently know.
"I can stand here and say I've done absolutely nothing wrong, I've no clue why I'm not allowed to travel to the USA.
"Like I say, I've been training for a fight this whole time and that's all I've been doing – I have no clue why they will not allow me to travel today, and neither does any of my team, or my lawyers."
He continued: "So now I'm having to go to the embassies and all this sort of stuff trying to resolve it, and I'm in the middle of training guys. I don't know why this has happened today, it's a massive shock to me and my whole team."