Biggs missed Sunday's game after failing to show up for a team film session earlier in the day. At the time, he announced on Twitter he was missing in action due to "personal reasons."
Earlier in the year, he didn't make a trip to Cincinnati for the same reasons.
Biggs was suspended the first two games of the year after Nebraska learned of a DWI offense during his redshirt year.
An Omaha Central graduate, Biggs played junior college basketball at Seward Community College in Kansas and was one of head coach Tim Miles' first recruits.
UPDATE 10:30 A.M. Nebraska head coach Tim Miles has released a statement today regarding Biggs.
"I've made the very difficult decision that Deverell Biggs will no longer be a part of our basketball program. We have consistently emphasized accountability for our student-athletes on the court, off the court and in the classroom. Individual accountability affects the entire group. As a basketball program, we are moving forward and perhaps a fresh start for Deverell may be beneficial to him as well.
"Deverell will still have access to all of our academic resources to maintain his eligibility and progress toward graduation. Deverell is good young man. My hope is that he remains at Nebraska and finishes his classes this spring and finds another program where he can flourish. We wish him all the best."