"Rajasthan Royals agreement with RN Sports Club, Mumbai stands terminated due to non payment of dues by RN Sports," the Jaipur-based IPL franchise said in a statement.
"RN Sports are no longer associated with Rajasthan Royals or any of their players or members and anyone engaging with RN Sports in any manner shall do so at their own risk.
"RN Sports Club no longer have any right to use the RR logo or represent in any manner their association with Rajasthan Royals. RR has initiated due legal process for recovering its dues from RN Sports," it added.
As per the agreement, RN Sports Club was one of many official partners of the Rajasthan Royals team.