Ruth Carr has ruled Sovereign Debt out of the Queen Anne Stakes at Royal Ascot.
The eight-year-old grey won his third race on the spin for Carr in the Diomed Stakes at Epsom last week, following on from the bet365 Mile at Sandown and the All-Weather Mile final at Lingfield.
Carr was considering supplementing Sovereign Debt for the Queen Anne, but told At The Races: "We've decided he definitely won't be going to Royal Ascot - w e're going to keep chipping away at the Group Threes and Group Twos."
She went on: "We know he's capable at that level and it keeps his confidence high.
"He might just be a better horse round a bend than on a straight track at Ascot and there are plenty of other races to look at.
"There's the Celebration Mile at Goodwood and a race over one-mile-one at York (Strensall) we can look at.
"He seems to be in the form of his life."