Ramdin celebrated taking the wicket of Misbah ul-Haq at the Kia Oval last Friday after appearing to catch the ball after it flew off the Pakistan captain's inside edge. Replays showed Ramdin had grounded the catch and then scooped it up again, causing the batsman to be reinstated.
The International Cricket Council (ICC) took a dim view of Ramdin's actions, banning him for two games and fining him his match fee after finding him guilty of ''conduct that is contrary to the spirit of the game'' in the Champions Trophy Group B match.
The West Indies Cricket Board (WICB) revealed on Monday night that Ramdin would not be contesting the punishment.
The WICB tweeted: "Wicket-keeper Denesh Ramdin has decided not to appeal his suspension and fine. He will therefore miss the matches vs India and South Africa."
Chris Broad, of the ICC's elite panel of match referees, adjudicated on the matter.
Broad said: ''This is regarded as a serious offence as it is the responsibility of all players to act in the spirit of the game. I hope Mr Ramdin has learnt his lesson from this incident and that we will not see such behaviour by him or any player in the future.''
Ramdin will be available for the Champions Trophy semi-finals should the Windies progress from Group B.
They play their second group stage game on Tuesday at the Kia Oval against India.