Rousimar Palhares cut by UFC following unsportsmanlike conduct at UFC Fight Night 29 (updated)

Aside from being $50,000 short, Rousimar Palhares, it seems, will have to find another mixed martial arts (MMA) promotion to call home.

ESPN's Jeremy Schaap is reporting that "Toquinho" has been cut by Ultimate Fighting Championship (UFC) following his unsportsmanlike conduct at UFC Fight Night 29, last night (Oct. 10, 2013) in Barueri, Sao Paulo, Brazil during his fight against Mike Pierce.

The submission specialist locked in his patented heel hook on Pierce 25 seconds into the bout which forced a quick tap. However, Rousimar was not as quick to let the hold go (watch it again here). In fact, the referee on duty had to physically force the stocky Brazilian to break.

As a result, Rousimar -- who was making his welterweight debut -- no longer has a place in UFC and according to Schaap, will likely never fight inside the Octagon again.

This isn't the first time he's held on to a submission a bit too long.

In 2010, during his fight against Tomasz Drwal at UFC 111, Palhares, yet again, refused to let go of the fight-winning heel hook in a timely manner, which resulted in a 90-day suspension from the New Jersey State Athletic Commission (NJSAC).

The following year, Palhares failed to let go of a heel hook against David Avellan during an Abu Dhabi Combat Club (ADCC) match (see it here) which resulted in a restart. Regardless, Palhares won a few minutes later via...you guessed it, a heel hook; leaving Avellan on the mat in visible pain.

And compared to his 2010 suspension, this punishment for his latest transgression was much more severe.

How's that for sending a message?

UPDATE: According to MMA Fighting, UFC officials confirmed that Rousimar has been "released," not "banned" as originally reported.

For more news, notes and reactions from UFC Fight Night 29, including fight video highlights and play-by-play coverage of all the action from Brazil, check out our "Maia vs. Shields" live coverage story stream by clicking here.