Talbot, the 31-year-old full-back, played 14 times for the south coast side – including seven appearances this season – after joining from Chesterfield in 2016.
“Drew’s intention is to head back north and I’m sure we’ll see him settle with a new club in January,” boss Kenny Jackett said.
“In my short time working with him, I found Drew to be a first class professional and also a very good man.”
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