The goalkeeper played 23 times for the League One side in the first half of the season and was recently named Bolton's Player of the Month for November.
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Sharman-Lowe has now been recalled with the likelihood for a new loan at a higher level now being lined up for the 22 year-old.
Sharman-Lowe’s performances, which included playing every minute on Doncaster’s way to the League Two title last season, saw the goalkeeper sign a new contract at Chelsea until 2028 in the summer.
He is an England U21 international.