The 21-year-old, who has yet to score for the Bairns, will be looking to find regular first team football after finding himself on the bench in recent months.
The Chelsea youth academy product joined in the summer on an ‘initial one-year deal’ so he may have already played his last match for the club.
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A spokesperson for the Bairns said: “We wish Sam all the best for his time with Cowdenbeath.”
The Blue Brazil, managed by Maurice Ross are still in with a shout of beating the League 2 relegation play-off spot but face a tough test this weekend coming against local rivals and table-toppers Kelty Hearts.