Less than 24 hours after UFC president Dana White announced Nick Diaz (Pictured) and Carlos Condit had agreed to an immediate rematch, it appears Part II has been scrapped before contracts were ever even drawn up. 

Unfortunately for curious minds that want to know, Diaz’s longtime manager, Cesar Gracie, wasn’t able to provide much information outside of the fact his client’s future is still as uncertain as ever.

“Yeah, I said that (there will be no rematch). But that’s all I can say,” Gracie told ESPN. “I can’t say anything else. I can’t do anything.

“Quote that if you want to. There is not going to be a rematch. Other than that, that’s all I can say.”

More details should come to light on Friday when Condit and his manager meet with White in Las Vegas, Nevada.

This past Saturday at UFC 143, Condit was rewarded with a highly controversial unanimous decision victory to capture the interim welterweight crown. Many believed Condit should have lost the championship bout because Diaz seemed to be the more aggressive fighter and won the ever-ambiguous “Octagon control” aspect of their 25-minute affair.

Diaz was so baffled by the loss that the 28-year-old threatened to retire from the sport after hearing the unfavorable verdict.

Welterweight king Georges St-Pierre and his surgically-repaired knee won’t be able to start fully training until July, with November tentatively marked as his target return date.

Given GSP’s timetable, Condit would have to wait nine months to try and unify the 170-pound crown. If that’s the case, the interim champ might look to make one title defense before St-Pierre comes back.