Melvin was suspended for a violation of team rules on January 25th.
"I want to thank everyone at DePaul and the basketball program for working with me over the last four years," Melvin said tonight via his Twitter account. "I wish nothing but the best for my teammates and the coaching staff the rest of this season and in the future."
"I just wish (Cleveland)nothing but the best," DePaul coach Oliver Purnell said on his weekly radio show on WSCR tonight.
Cleveland Melvin is ranked among DePaul's all-time leaders in scoring, scoring average, rebounding, field goals, blocked shots and free throws.
Melvin played in 110 career games for the Blue Demons and was named the 2011 Big East Rookie of the Year.
Cleveland Melvin Dismissed from DePaul
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