New Zealand's Nathan Cohen and Joseph Sullivan won Olympic gold in the men's double sculls, with the British crew finishing in fifth.
World champions Cohen and Sullivan won in six minutes 31.67 seconds ahead of Italy and the Slovenian crew who were looking to reclaim the Olympic title they won 12 years ago in Sydney.
Britain's Bill Lucas and Sam Townsend made a promising start, leading the field after 250 metres, and they were in medal contention heading into the second half of the race.
But New Zealand and Italy produced strong finishes to overhaul Slovenia and row Britain out of the medals.
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