Juventus have terminated the contract of Brazilian defender Lucio, a statement on the club’s official website has confirmed.
The 34-year-old, a 2002 World Cup-winner and a key figure in Inter’s 2010 treble-winning campaign, has struggled to settle as a reserve in Turin.
The statement said: "Lucio's adventure in the black and white stripes has come to an end.
"Juventus and the Brazilian defender have reached an agreement for the player's contract to be terminated by mutual consent."
Lucio is reportedly considering a return to Germany, where he spent a highly successful eight-and-a-half years earlier in his career, and could join Wolfsburg.
Last month, he told Sport Bild: "Football is fast moving. I am here now, but could be with a different club in January. I want to play football and be happy."
During his time in Germany between 2001 and 2009, the commanding centre-back reached the Champions League final with Bayer Leverkusen before going on to claim three Bundesliga titles with Bayern Munich.
He expressed his fondness for the country, and said: "The Bundesliga is an option. "If there was a chance, why not? I had great years in Leverkusen, and especially with Bayern. My family and I were very happy there. We love Germany.
"Wolfsburg is a club eying great things in the future. VfL would certainly be an option. They are a very well-run club."