Shaharyar has written to the BCCI, asking the Indian board to come up with a definite decision on the series within 48 hours, failing which they would decide against playing India. They will take a final decision tomorrow.
"Yes, we haven't received a reply from the BCCI till Saturday evening, therefore, we are closing this chapter now. We will, however, make an announcement in this regard by Monday," Shaharyar was quoted as saying by 'Dawn'.
"Our failure to materialise the series disappointed millions of cricket fans all over the world, especially in India and Pakistan," Shaharyar said.
He said the PCB will raise the issue with the ICC and at the bilateral level, and added that they should not be held responsible if the series does not see the light of the day.
India has not played a full bilateral Test series with Pakistan since the terror attacks in Mumbai in 2008.