What does the cryptic crossword clue "There's no alibi to put out for the cancellation (9)" mean?

This cryptic clue uses wordplay to arrive at the answer. Visit the page for progressive hints — definition, wordplay type, and a full step-by-step explanation.

There's no alibi to put out for the cancellation (9)

Guardian Cryptic #26502 | 11 Across | 2015-02-23 flower

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