Abe said that, prior to Japan's Round of 16 knockout match against Belgium yesterday, Rabio had been taken to market, turned into seafood and would be replaced by another octopus, Rabiot Junior.
He placed the octopus in a plastic tub containing flagged boxes that represented Japan (for victory), its opponent (for defeat) and a draw.
After Abe sold Rabio to a food market the fisherman quickly replaced him with Rabio Jr.
After correctly tipping the Asian nation to beat Colombia and Poland and draw with Senegal, Rabiot shot from everyday sea creature to psychic sensation in the country.
Pictures of what appeared to be the dismembered octopus were shared on social media, although it could not be confirmed that this was definitely Rabiot.
In 2010, Paul the octopus became an worldwide star after correctly predicting the results of all Germany's games in the 2010 World Cup, as well as the final - in which it backed Spain to win.
"I hope that the second Rabio will also give all the outcomes correctly and that Japan will go all the way", Abe told Sora News 24 several days ago.
The giant Pacific octopus had successfully predicted Japan would lose that match but he was unfortunately not around to see his prophecy come true.
Paul passed peacefully in his aquarium in 2012, aged two.
Achilles, who hails from St Petersburg, rose to fame after a string of correct results in last year's Confederations Cup.