fold one's tent

Verb

 * 1)  To withdraw, especially in a discreet manner; to disengage; to quit.
 * 2) * 1844,, "The Day is Done" (proem to The Waif), lines 41-44,
 * And the night shall be filled with music,
 * And the cares that infest the day
 * Shall fold their tents like the Arabs,
 * And as silently steal away.

Synonyms

 * chicken out, cut and run, stand down