Martin Devaney and Liam Dickinson have returned to parent club Barnsley after Walsall decided not to extend their loan deals.
Devaney made five appearances scoring one goal in an injury-hit spell with the Saddlers while forward Dickinson, 25, joined Chris Hutchings' side last month featuring seven times.
Hutchings told Walsall's official website: "I'd like to thank Martin and Liam for their efforts.
"I'd also like to thank Barnsley for allowing them to come to us and I wish the boys all the best."
Source: PA