Dubai: West Indies' captain Chris Gayle replaced Dhoni at the number one spot, pushing the Indian captain and Michael Hussey at the second and third place respectively in the latest ICC ranking for ODI batsmen.
Dhoni, who is on the second spot of the list with 779 points and an average of 46.84, had to vacate the top slot to Gayle, who have accumulated 783 points with an average of 40.63, thanks to a series of fine performances against New Zealand.
Gayle managed an impressive 135 off 129 balls in the final ODI against New Zealand at Napiers and although his side lost the match there was some consolation in his elevation to the position of number-one ODI batsman in the world.
The big left-hander was last ranked number one nearly five years ago (in April 2004) but he has not been out of the top 20 since the middle of 2002.
Gayle's ascension saw the likes of South Africa's Graeme Smith and Yuvraj Singh slip down the rankings, with Smith, currently ranked fifth, likely to fall even further with injury forcing him out of the upcoming five-match series against Australia.
However, Hussey will have an opportunity to push back up the rankings from third with the upcoming series against South Africa.
Also aiming to clamber back up the rankings will be Hussey's captain, Ricky Ponting, currently occupying seventh position in the table.
In the bowlers' rankings, New Zealand captain Daniel Vettori has also slipped from the number one spot to second.
In the rankings for ODI bowlers, Zaheer Khan continues to remain the top-ranked Indian bowler and with 660 points, the speedster held his previous week's 10th spot.
Vettori briefly went top after a good start to the ODI series with the West Indies but his 0-45 in the final match meant he lost his place by the narrowest of margins.
Australia's Nathan Bracken has replaced Vettori at the top of the rankings and will be looking to strengthen his hold at the head of the table as he prepares for the South African series.
Bracken and Vettori are only separated by a single point and if Bracken performs well in the coming weeks there is potential for him to further cement his lead.