Iranian athlete lost the game against Welsh legend Mark Williams 6-3 in the semi-final and was eliminated from the tournament.
Vafaei had defeated English snooker player Oliver Brown 4-2, Yuan Sijun of China 4-2, Graeme Dott from Scotland 4-2 and He Guoqiang from China 5-2 to reach the semi-final.
The competition runs from September 25 to October 1.
The Centaur at Cheltenham Racecourse hosts the third world ranking event of the 2023-24 season, with Ryan Day defending the Clive Everton Trophy against many of snooker’s biggest stars.
World No.1 Ronnie O’Sullivan has withdrawn from the tournament due to medical reasons.
AMK/IRIB3997316