The reason he fell out of the pro meta is because without his rechargeable util, he fundamentally can only either push onto site or play for the bomb, not both. This is a necessary thing for most initiators to have (think gekko flash/wingman, sova dart, breach stun, etc.). Without it, he plays no better if not worse than other initiators as other initiator util works better in more situations (KAYO knife, Skye Flash, Breach Aftershock).
As for in ranked, he's about as useful as breach, annoying if the player is good, useless if the player is bad. So in actual gameplay he's probably about as strong as he was before, but for pro play, where there is set strats, executes, hard counters, etc. there's just no reason to pick him over other characters at the moment.