Shastri recently lost the race to be India's new chief coach to former captain Anil Kumble.
"The chapter is over as far as I am concerned. I firmly believe that it is time to move on. I have nothing more to add or say in this regard," Shastri told PTI.
It has been reported that CAC member Sourav Ganguly was not present during Shastri's interview with the panel, something that has not gone down well with 1985 Benson & Hedges Cup hero.
However, after speaking to senior BCCI officials, it becomes clear that these two former India captains share cold vibes with each other.
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"Ganguly has always felt that Shastri as a renowned commentator has never really given him due credit for transforming the Indian team," a BCCI source privy to developments said.
"Similarly Shastri must have had a feeling that Ganguly, who harboured aspirations of being national coach, wanted to undermine his position. But to be fair, if Sourav saw Anil's presentation, he should have been present during Ravi's interview as well," the source added.
Many in the Board feel that the decision makers could have spoken to Shastri and told him that he need not apply as BCCI is looking ahead towards appointing a fresh face.
"The 18 months that I have spent with the Indian team has been the most cherished phase of my association with the Indian cricket. When you set out on a journey, you set the bar high but you don't know what you can achieve. Credit to the boys for making it special," Shastri had told PTI during a recent interview.