The student, who is using the alias 'Elizabeth Raine,' said she wants to focus on her medical studies instead She also wrote that the auction had made a point about 'how society continues to exercise control over female sexuality' Raine launched her online auction on March 31 and initially hid her face to conceal her identity She initially claimed she was doing it not only for the money, but also the adventure, eroticism, scandal and the chance to challenge norms about virginity

By Jonathan Block

Published: 19:42 EST, 8 May 2014 | Updated: 19:42 EST, 8 May 2014

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A 28-year-old medical school student who had planned to auctioning off her virginity on the internet and had received a high bid of $801,000 now says she won't go ahead with her part of the bargain.

In a blog post today, the student, who goes buy the name 'Elizabeth Raine,' writes that she won't fulfill the terms of the auction as she wants to focus on her medical studies instead.

'With the blessings of my management and the high bidders, I have decided to put a stop to this kerfuffle (to describe it nicely) and return my focus to my medical training,' Raine wrote, according to Gawker. 'I still do possess some spitefully strong beliefs about virginity, prostitution, and a woman's right to do as she damned pleases, but school is my first priority (as it has been for my entire life).

The 28-year-old medical school student, pictured, had planned to auction off her virginity on the internet before backing out and focusing on her medical studies instead

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'I have decided to put a stop to this kerfuffle': Med student, 28, who had planned to auction off her virginity with ...