The British boxer lost his light-welterweight quarter-final to Munkh-Erdene Uranchimeg 23-22.
Stalker's camp lodged an appeal, but it was rejected by the IABA.
Stalker's coach Dave Alloway said: 'It was a close fight, the Mongolian was a very good operator, but he (Stalker) gave it his best shot.
'He's devastated because he wanted to win a medal in his home Olympics. He's trained so hard for it, so to be one point away from a medal, one scoring blow, that's what hurts.
'I felt Tom Stalker really pulled it out in the end, you could tell he really wanted it. I was counting the punches and thought he won the last round big.
'I know how he's feeling right now, disappointment. There can only be one winner in the ring and this is what happens.'
Uranchimeg will fight Denys Berinchyk in the last four after the Ukrainian world silver medallist beat Jeffrey Horn of Australia 21-13.
Aug. 9, 2012.
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