"We've talked and he is going to move on," Meyer said, per ElevenWarriors.com. "That's all you ask. You don't ask for five years nowadays ... It's great for him and great for Ohio State."
Roby will honored alongside the Buckeye seniors as part of their final home game ceremonies Saturday vs. Indiana.
Roby earned mutliple preseason All-American honors, including from CBSSports.com, after starting 25 straight games as a redshirt freshman and sophomore and earning first-team All-Big Ten honors in 2012.
He encountered some hiccups in 2013, however, being suspended from the season opener after an eventually dismissed disorderly condut charge, and being ejected from the Buckeyes' game vs. Iowa for a controversial targeting penalty.
With safeties Corey Brown and C.J. Barnett both seniors, Ohio State will now need to replace three starters in its 2014 secondary.
Roby is currently rated the No. 3 cornerback in the 2014 draft by NFLDraftScout.com.