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The decision was made following the problems that surfaced after his brilliant victory in the Hennessy Cognac Gold Cup.
Connections decided to play safe and rest the seven-year-old, who carried top weight of 11st 12lb to victory in the big handicap chase at Newbury a month ago.
After consulting at length with Trabolgan's owner Trevor Hemmings and the vets, we have decided to give the rest of this season a miss," said trainer Nicky Henderson.
"It is precautionary more than anything and luckily he is a young horse with half his career still ahead of him.
Cheltenham Gold Cup Ante Post Betting
"We re-scanned him and there is the most discreet evidence in one of his legs that there could be something amiss, so we decided not to take any chances"It is inconsequential at the moment but could lead to a more significant problem if we did not take the safer route and we are just looking forward to his return in the autumn."
Following on from last year, we are delighted to announce that we are featuring horse racing tips from Channel Four Racing presenter, Tom Lee.
Tom appears on Channel 4's Morning Line & covers live Racing in the afternoon as well fronting RTE's Racing coverage in Ireland, his Cheltenham Festival Tips and previews of each day's Racing will be available during the Festival and supported with opinions and views from our Racing writers.
View Tom's Racing Tips
We now have the latest bookmakers betting odds for the main Cheltenham Festival Races.
These odds are updated regularily to ensure that you in touch with all the market moves in the build up to the festival.
The four days of the Cheltenham Festival play host to a number of high quality races: