Catalyst recovery is an integral part of photoredox catalysis. It is often solved by adding another componentâa sacrificial agentâwhose role is to convert the catalyst back into its original oxidation state. However, an additive may cause a side reaction thus decreasing the selectivity and overall efficiency. Herein, we present a novel approach towards chemoselective photooxidation reactions based on suitable solventâacetonitrile acting simultaneously as an electron acceptor for catalyst recovery, and on anaerobic conditions. This is allowed by the unique properties of the catalyst, 7,8âdimethoxyâ3âmethylâ5âphenylâ5âdeazaflavinium chloride existing in both strongly oxidizing and reducing forms, whose strength is increased by excitation with visible light. Usefulness of this system is demonstrated in chemoselective dehydrogenations of 4âmethoxyâ and 4âchlorobenzyl alcohols to aldehydes without overâoxidation to benzoic acids achieving yields up to 70â%. 4âSubstituted 1âphenylethanols were oxidized to ketones with yields 80â100â% and, moreover, with yields 31â98â% in the presence of benzylic methyl group, diphenylmethane or thioanisole which are readily oxidized in the presence of oxygen but these were untouched with our system. Mechanistic studies based on UVâVis spectroâelectrochemistry, EPR and timeâresolved spectroscopy measurements showed that the process involving an electron release from an excited deazaflavin radical to acetonitrile under formation of solvated electron is crucial for the catalyst recovery.