The 28-year-old has joined the likes of Tshepo Gumede, Vincent Kobola and Judas Moseamedi that have recently left the club.
"He [Masina] is no longer with Cape Town City," confirms Citizens chairman John Comitis.
"He has left. He is a free agent now."
Masina had been with the coastal outfit since their formation just over two years ago following the acquisition of Mpumalanga Black Aces' topflight status.
The ex-Aces winger scored seven goals and provided three assists in 77 outings for City.