The 26 year-old is set to face Frenchman Thomas Masson on July 24 at Wembley Arena and has now left the strap behind for others to fight for.
“Manager Neil Marsh has confirmed to me today that Kevin Satchell has vacated the Commonwealth Flyweight Championship with immediate effect,” CBC Secretary Simon Block told World Boxing News.
“Kevin has been unable to make a defence since March 2014 and with no immediate prospect of one, has decided to vacate to give others the opportunity the Commonwealth title gave to him in advancing his career.
“I have wished Kevin well on behalf of the Directors of the CBC and hope that he goes on to the bigger and better things for which the Commonwealth Championship has provided for so many.
“The CBC is now awaiting confirmation of a vacant Title contest to take place, provisionally in September.”
Satchell has amassed a 14-0 record since entering the paid ranks could be in the world title mix within a year if he can avoid defeat in the coming months.
“It’s been brilliant to have been Commonwealth champion for over three years. I have enjoyed it and it really is a great title,” Satchell told World Boxing News.