The exciting England Under-21 star has been allowed to leave Upton Park and join QPR until the end of the season on loan amid reports of a falling out with Allardyce.
There are many who claim he will not come back to West Ham and instead will make his move to Loftus Road permanent, but Allardyce has dismissed that speculation.
"The fact of the matter is that Ravel wanted to play some first-team football," he said. "He wasn't getting it as much here as he wanted so we've let him go on loan.
"Our consistent performance and the acquisitions of Nocerino, Borriello and Armero have given us a bigger squad and Ravel has found it a little more difficult to get in."
Asked whether he had played his last game for the club, Allardyce replied: "No."