The school said in a statement Monday that King, who still has two years of eligibility left, plans to remain at Villanova to complete his degree requirements.
King transferred to Villanova in the summer of 2008 after one year at Duke. A McDonald's All-American at Mater Dei High School in Santa Ana, Calif., King sat out the 2008-09 season as a transfer student and then played in 32 games for the Wildcats in 2009-10, averaging 7.4 points, 5.3 rebounds and 19.0 minutes per game. A solid 3-point shooter, he knocked down 36.4 percent from beyond the arc.
King was benched during the Wildcats' regular-season finale against West Virginia for what coach Jay Wright deemed a "teaching point." He played sparingly in the Big East tournament and limited minutes in Villanova's two NCAA tournament games.
The source said that King had some "personal issues" he had to work through.
Dana O'Neil covers college basketball for ESPN.com. Information from The Associated Press was used in this report.