The World Boxing Organization has announced that a planned purse bid has been canceled for the ordered fight between WBO bantamweight champion Zolani Tete and mandatory challenger Omar Narvaez.
According to the WBO, the fight will take place on a date in February in the UK.
Narvaez (47-2-2, 25 KOs), a former two division champion at flyweight and super flyweight, became the mandatory challenger in October when the 42 year old veteran beat up and stopped favored and undefeated Nikolai Potapov in seven rounds.
Narvaez has only suffered two defeats in his entire career.
In October of 2011, he was dominated over twelve rounds by Nonito Donaire - who at the time was a dominant force and pound for pound fighter. And then in 2014 he was knocked out in two rounds by Naoya Inoue - who at the moment is regarded as one of the best fighters in the sport.
Last month, Tete (26-3, 21 KOs) set a world record when he knocked out Siboniso Gonya in just 11 seconds in the quickest-ever world title fight in the history of boxing.
The 29-year-old landed a brutal right hook just six seconds into the bout to retain his belt at Belfast's SSE Arena. And the referee officially waved away the contest just five seconds later as the South African lay sprawled on his back.
Tete's win broke a previous one set by former WBO super bantamweight champion Daniel Jimenez who knocked out Harald Geier in 17 seconds.
Speaking in his post-match interview, Tete said: "I've been training so hard for this fight. I knew Gonya wasn't going to last. I won in the first round!"
His promoter Frank Warren echoed Tete's statements that he wants to fight Burnett, while also waxing lyrical over his emphatic victory.
He said: "He was gone before he hit the canvas. Tete is something special. We're going to make sure he's busy."