Metabox with checkbox is not updating

Question

I trying to set a meta_box with a single checkbox, everything goes fine, however if I uncheck it and save the post, it marks again as checked, I've been taking a look but I cannot find my mistake.

Take a look a my code.

function am_checkbox_option() {
    global $post;
    $custom = get_post_custom($post->ID);
    $front_event = $custom["front_event"][0];
    wp_nonce_field(__FILE__, 'am_front_event');
    if ( $front_event ) {
        $checked = "checked=\"checked\"";
    } else {
        $checked = "";
    }
?>
    <label>Display Content? (type yes):</label>
    <input type="checkbox" name="front_event" value="true" <?php echo $checked; ?> />
<?php
        }
}

add_action('save_post', function() {
    if ( defined( 'DOING_AUTOSAVE') && DOING_AUTOSAVE ) return;

    global $post;

    if ( $_POST && !wp_verify_nonce($_POST['am_front_event'], __FILE__) ) {
        return;
    }

    if ( isset($_POST['front_event']) ) {
        update_post_meta($post->ID, 'front_event', $_POST['front_event']);
    }

});

Thanks in advance