Jenner, who has 141 million followers of her own, yet only follows 125 people pulled the plug on her Insta-relationship with Woods Friday. Woods has 10.3 million followers ... she still follows Kylie and the Kylie Cosmetics account.

TMZ broke the story ... Woods was seen inside a Houston bar smoking hookah and dancing with James Harden Wednesday night. Sources close to Woods told us it was a friendly encounter ... and the two just ran into each other by chance through mutual friends.

However, sources on the other side tell us Jordyn and James have been hanging out regularly for months.

We're told Kylie has become tired of Jordyn allegedly lying about the Tristan situation and now trying to spin the James situation ... Woods allegedly lied to Kylie when she and James first got together, telling Kylie that Khloe was totally cool with it. Our sources say Khloe had no idea James and Jordyn were hanging out ... but would have been cool with it had she known.

Jordyn was caught kissing Khloe's other ex and baby daddy, Tristan Thompson at a house party in Los Angeles in February. Jordyn later went on Jada Pinkett-Smith's Red Table Talk and told her side of the story -- a side witnesses tell us was totally downplayed -- and that destroyed her relationship with the Kardashians.

It was back in June when Kylie unfollowed Jordyn's mom and sister ... Jordyn's IG account was the last thing linking her to the famous family.