fold (up) (one's) tent

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fold (up) (one's) tent

To quit, withdraw, or disengage (from something), especially quietly or discreetly. After allegations of embezzlement, the CEO decided to fold his tent and take an early retirement. You're going to have a lot of setbacks in life, so don't just fold up your tent and go home at the first sign of failure.
See also: fold, tent
References in periodicals archive ?
He can joke about band omens because every time BYD seems forced to fold tent, it rebounds stronger than ever.
There was no reason to fold tents and head home," Thompson said.