Tencent Games, that owns the mobile game, said on Facebook that it "deeply regrets this outcome" and thanked PUBG Mobile and PUBG Mobile Lite fans for their support in India.
The announcement came on the back of the Indian government's decision to ban PUBG Mobile and PUBG Mobile Lite on September 2.
The game was banned under Section 69A of the Information Technology Act.
PUBG Corporation recently announced that they are withdrawing their partnership with Tencent, and that they will work with the Indian government to look for a quick resolution.
PUBG game, which has more than 600 million downloads and 50 million active players globally, has nearly 33 million users in India.
PUBG Mobile saw a global revenue gain of $1.3 billion (roughly Rs 9,731 crore) in the first half of this year, bringing its lifetime collection to $3 billion (nearly Rs 22,457 crore) with the highest number of downloads in India which ranks at the top with 175 million installs as people stayed home owing to the Covid-19 pandemic and lockdowns.
Additionally, the Indian gaming company nCore announced indigenous multiplayer action game FAU-G to fill the void of PUBG Mobile. FAU-G is slated to launch next month.