Former IBO cruiserweight champion and 2008 Beijing heavyweight gold medalist Rakhim Chakhkiev announced his retirement from prizefighting on Saturday, according to the TASS media agency. "I'm done with boxing after twenty years of fighting. It's time to hang'em up. I had dedicated twelve years to amateur boxing, reaching its very peak by becoming the Olympic champion. I consider my achievements in prizefighting to be fairly meaningful. Of course, I haven't realized my full potential [as a pro] that's true but there's a number of other activities to be involved and achievements to be earned", said Chakhkiev.
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