Still feuding with Nitro in 2007, he was challenged once again at New Year's Revolution 2007 for the Intercontinental Championship. Hardy once again defeated Nitro. He later lost the title to Umaga. On the September 3 edition of "RAW", Jeff successfully captured his 4th WWE Intercontinental Championship by defeating Umaga for the title. At Armageddon 2007, Hardy beat Triple H to get a WWE Championship match at the Royal Rumble. This match was seen to many as the most important match of Hardy's career, as his win against Triple H moved Hardy into the top level of the roster and the race for the WWE Championship. However, he lost to Randy Orton at the Royal Rumble. At No Way Out on February 17, Jeff Hardy came second in the Elimination Chamber match, being beaten by Triple H. He was going to WrestleMania XXIV to fight in the Money in the Bank ladder match. Jeff lost the Intercontinental Championship to Chris Jericho on the March 10 edition of "RAW". The next day, it was confirmed that he had been put on 60-day suspension, as he failed his second drug test. This meant that he did not compete at WrestleMania.