The most common and most likely answer to this crossword clue is the 7 letter word REVOKED
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More clues leading to the result REVOKED
Buddy explains!

The straight part
We know that "withdrew" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case withdrew = revoked.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does REVOKED mean?
REVOKED verb- To cancel or invalidate by withdrawing or reversing.
- To fail to follow suit in a game of cards when holding a card in that suit.
- To call or bring back.
- To hold back.
- To move (something) back or away.
- To call back to mind.