After hosts Ant & Dec revealed the public verdict, the Coronation Street star hugged his campmates and expressed a "love" for his close friend Mark Wright.
Upon leaving camp, Cotton said that he was "absolutely gutted" to have missed out on the final of the ITV show.
"I've come this far so I'm gutted," Cotton said. "But I did what I could do and I'm amazed that I lasted that long."
He added: "You can't ever plan for it. Every part of it was emotional and exciting and I've genuinely loved every minute.
"It's at once the most liberating feeling you can ever have and then on the other side you feel like you're locked in and you can't run away."
Cotton also claimed to have been "relatively tight lipped" around camp rival Fatima Whitbread, a statement that caused Ant & Dec to scoff in disbelief.
Whitbread herself was voted out of the jungle later in the evening.
Either Wright or Dougie Poynter will now be crowned King of the Jungle in the I'm a Celebrity finale, which airs on Saturday, November 3 at 9.30pm on ITV1.
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