The ICC dismissed media reports that it received a letter from the Indian Board asking it to review the action of the Pakistan fast bowler.
The Pakistan fast bowler however dismissed claims that he pulled out of the high-profile series for fear of failure.
"Shoaib should concentrate on regaining his fitness. I think he took the sensible decision," Wasim Akram said.
Shoaib Akhtar has appealed to the authorities not to make him a scapegoat for the team's poor performances in Australia.
The former Pakistan captain said Shoaib Akhtar must get his priorities right if he is to make the transition from being just a fast bowler to a great bowler.
The Best versus The Rest super series will witness the top Test team play the rest of the world's finest players in September 2005. Select your Test and ODI teams.
Akhtar refused to shorten his run-up as suggested by the captain and the coach following Pakistan's sluggish over-rate in the first Test.
The opener hit an unbeaten half century as New Zealand ended a rain-shortened day 1 in the second Test against Pakistan at 151 for five.
Pakistan registered a six-wicket victory over Sri Lanka on the final day of the second Test to level the two-match series 1-1.
Pakistan will play India in an one-off limited overs international in Kolkata on November 13 to celebrate the 75 years of the BCCI.
The 28-year-old's unbeaten 97 helped Sri Lanka reach 233 for seven on the opening day of the first Test against Pakistan.
The Pakistani fast bowler has been banned for one Test match and two ODIs after being found guilty of breaching the ICC code of conduct.
'In cricket, there are no retakes, no Fridays, no actor and director. So there is no tension. But in a film, there are so many expectations you have to live up to that a little tension is normal,' says Ajay Jadeja.
'I am only human and I do feel the pressure and tension of a comeback,' said the off-spinner.
Former Pakistan cricketers Wasim Akram and Shoaib Akhtar have expressed dismay over the national team's meek surrender in the Twenty20 series in New Zealand and said the crisis before the ICC World T20 in India was 'worrisome'.
The Pakistan Cricket Board has said the fast bowler would have to undergo "stringent" fitness tests before he is picked for the Asia Cup. \n\n
The Pakistan fast bowler said it would take a while for him to play for the country after the way the PCB had handled him following the series defeat against India.
"He performs to his ability once a year - and then he has the nerve to compare himself with Glenn McGrath," said the former Pakistan captain.\n\n
England bowled out Pakistan for 185 in 44 overs in the second ODI.
The Pakistan fast bowler been advised up to two weeks rest by the doctors after they had a second bone scan of his rib cage injury.
The Pakistan pace ace, who is playing for Durham, said he still has pain in his side muscles due to the rib cage stress.
PCB CEO Rameez Raja says an environment needs to be developed so that the ace fast bowler can perform to his potential.
Azhar Mahmood makes a comeback while Shoaib Akhtar retains his place in the squad.
The Pakistan fast bowler said his availability for the Asia Cup tournament in July depended on the will of the PCB and the selectors.
He was reported to ICC match referee Gundappa Vishwanath for chucking.
Former Pakistan captain Rashid Latif says the speedster is not one to run away from challenges and let the team down.
Pace spearhead Shoaib Akhtar and batsman Asim Kamal were forced to leave the field with injury scares on Day 2 of the third Test.
former cricketers paid homage to the spin legend, who died on Friday after suffering a cardiac arrest in Lahore.
The Pakistan fast bowler said he was happy he found the rhythm that was lacking until now in the series.