Jeff Jarrett is no longer a minority shareholder in TNA Wrestling which he founded with his Father in 2002, according to PWInsider.com. 

This move is reportedly not part of tonight's "winner take all" storyline match involving Team TNA vs. Team Global Force Wrestling in the Lethal Lockdown match that will air on Impact.

TNA issued the following statement on tonight's big match:

"The real-life drama between Dixie Carter and Jeff Jarrett, that for weeks has played out on IMPACT WRESTLING, will all come to a head tonight in a shares vs shares, Winner Take All match. It is true that if Dixie's Team TNA defeats Team GFW, Dixie will acquire Jeff's shares in TNA and he will no longer be a stakeholder."