With Jorge Arias or Hunico portraying the Sin Cara character on this week's episode of Monday Night Raw, much has been written and speculated about the future of Luis Ignascio Urive Alvirde, also known as Mistico, in WWE. No official release has taken place and WWE might opt to let his contract lapse rather than making an official release.
As we reported here on WrestlingNewsWorld.com Premium, Hunter's new is edict is essentially - don't fire anybody! He would rather allow for contracts to run out and not re-sign talent, as opposed to making a publicized cut. Triple H feels releases are bad for business because they bring negative publicity on a successful company seen as a job creator. As noted in the original article, this edict doesn't apply to developmental talent and only talent that has made it to the main WWE roster.
Back to Sin Cara, there is a ton of irony here. Hunico actually worked as Mistico in Mexico before the original Sin Cara worked as Mistico. Their roles have essentially flipped as now Hunico is portraying a character that was played by the same guy who played his character in Mexico after him.
WWE likes the Sin Cara character because it's marketable and sells a lot of merchandise. This is why they decided to replace Luis Ignascio Urive Alvirde rather than eliminate the character completely.