Folau has the right to go through a code of conduct hearing before Rugby Australia can officially terminate his contract, and according to the Daily Telegraph, he intends to take part in the process.
But, Rugby Australia released a brief statement following their meeting with Folau on Friday, confirming the former NRL and AFL star has not yet convinced the governing body to overturn the organisation's commitment to terminate his contract.
"Rugby Australia and NSW Rugby Union have met with Israel Folau in Sydney today," RA stated.
"As the meeting was held in confidence between the player and his employers, Rugby Australia and the NSW Rugby Union will not comment on the discussions at the meeting.
"Following today's meeting the two organisations will update their respective boards on the matter to consider next steps.
"Our joint position regarding Israel Folau is unchanged."
Channel 9 cameras spotted Folau at a cafe in Sydney's eastern suburbs with his wife Maria and two other men but the 30-year-old wasn't in a talkative mood when approached by the network's reporter Hannah Sinclair.
Asked how he felt about his contract being torn up or if he regretted his actions, Folau said "no" before getting into a car and driving away.
He was also seen meeting with Rugby Union Players Association boss Prataal Raj to sort out his plans.
Folau was initially contracted until the end of 2022, but with the NRL also announcing that they will not employ Folau, his sporting career could be in tatters with no other options if his contract is indeed torn up.
"Earning $1 million a season, Folau must make a compelling case of mitigating factors at the code of conduct hearing if he is to overturn RA's decision," explained the Daily Telegraph.
Folau had just last week become Super Rugby's all-time leading try scorer, and if terminated, he would be unable to complete the season with the Waratahs or play for the Wallabies at the Rugby World Cup.
