I see it as he quit in his corner. He should have at least tried to make a fight of it, but seemed to want the easier way out.

He was complaining that he could not see, he wanted the ref to stop it. Cuts are a part of the sport. Fighters are expected to fight through them no matter how they are caused unless the doctor determines otherwise.

On that note though I can see them later on declaring it a no contest. One of those tough calls.