The 68-year-old guitarist has called time on his performances with the rockers after nearly 50 years, just four months after he suffered a serious heart attack following their show in Turkey and "died for several minutes", reported Contactmusic.
When asked if he will play with the group again, he said: "No. I don't think I really want to. In my heart I'm a rocker, I've always been. If I'm going to make music it's got to rock.
While Rick will still be involved in the band's business activities, he has been replaced by Richie Malone for their tours but the veteran rocker won't be in attendance.
Quizzed on whether he will still be at their electric shows, he added: "That wouldn't be a good move. Some fans would think, 'If you're well enough to be here then you're well enough to play.'
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