Exeter boss Paul Tisdale says Danny Coles could return to the side, despite being for comments
Coles, 31, was also stripped of the captaincy and fined two weeks' wages.
"He's our player, there's no reason why he won't be with us for the rest of the season," Tisdale told BBC Sport.
"There's an open door for someone to contact us, but as far as I'm concerned he's one of our players and he's training with us."
Tisdale, who chaired Coles' disciplinary panel, says he has yet to have any enquiries about the defender, who has been at Exeter
But with the club under a to cover a cash-flow problem, Tisdale says he has to be open-minded about keeping Coles at St James Park.
"When you consider the situation with our embargo and that we can't sign anybody I'm not writing anyone off," he said.
"I think we've gone through a very fair and considered process.
"Danny has accepted his mistake and has accepted what he's done is wrong and accepted his fine and we'd like to move on."