Charbel is set to be given the remainder of the season off following his disappointing display at Aintree last Saturday.
The Kim Bailey-trained six-year-old looked set to give the brilliant Altior a run for his money when tipping up two fences from the finish in the Arkle Trophy at Cheltenham last month.
He was a hot favourite to gain compensation in the Maghull Novices' Chase on Merseyside, but failed to recover from a bad mistake and finished ultimately well-beaten in third place.
Charbel holds an entry in the Ryanair Novice Chase at Punchestown later this month, but will instead head for a summer break.
"He came back very stiff behind as he banged a hind joint when he made that mistake," said Bailey.
"He was disappointing on the day. I think maybe the atmosphere got to him a little bit as he was jumping a little bit cautiously.
"You can't make mistakes in a race like that and get away with it. The mistake he made would have stopped anything. I don't think he'll run again this season."
