The 34-year-old Glaswegian had been due to have his 42nd bout at the St Andrew's Sporting Club in his native city on January 20.
Limond, who has a 37/4 record, suffered the injury in training and his manager and promoter Tommy Gilmour claimed: "It was potentially too tough a fight for Willie to take any chances fitness wise."
Limond-Lamptey would have been the 96th championship fight to be staged at the iconic Glasgow venue, 41 years after lightweight legends Ken Buchanan and Jim Watt marked the opening of the St Andrew's Sporting Club with a British title bout won by the former.
Fellow light-welterweights Mitch Prince, from Cumbernauld, and Stuart Green, of Glenrothes, will now top the bill in a non-title contest.
Gilmour said: "While the timing of Willie's injury is unfortunate, it opens the door for either Mitch or Greeny to stake a claim to challenge him at a later date so it's important that they make a statement."
South African-born Prince and Green previously met in March 2010 when the latter edged a 96-95 win to land the Scottish title.
Limond also beat 29-year-old Prince in a closely fought encounter at Bellahouston Sports Centre last June in the first defence of the title he took against fellow Glaswegian Eddie Doyle 12 months ago.
Gilmour added: "I am possibly more excited by the prospect of seeing Prince and Green going head-to-head again than I was about the Limond fight.
"There's plenty of needle involved as Mitch felt he won the last one and is desperate to set the record straight and Green is taking the fight seriously enough to spend a week sparring in the north of England."