The 24-year-old Neeraj, who had lost 0-3 to second-seeded German Arajik Marutjan in the semifinal yesterday, was beaten by Spaniard Sissokho Ndiaye Youba in today's box-off to determine the third Olympic qualifier in the category as the finalists have taken the top two slots. He settled for a bronze medal.
Neeraj's loss ended India's hopes of securing a quota berth at the final Olympic qualifying tournament for boxing as Gaurav Bidhuri (52kg) and Dilbag Singh (81kg) had already bowed out after first-round losses.
The competition in Venezuela had 26 Rio quota places on offer -- three in every weight category except heavyweight (91kg) and super heavyweight (91+kg), from which only the winners will earn an Olympic spot.
The tournament featured boxers from AIBA's own professional events -- the World Series of Boxing (WSB) and AIBA Pro Boxing (APB) -- besides pro boxers from all over the world.