Freddie Starr appeared briefly outside his home in Warwickshire alongside his lawyer Dean Dunham, who condemned the investigation and said the entertainer's health was now a priority.
Mr Dunham said "there was simply never any evidence in this matter that was anywhere near sufficient" to keep his client on bail for so long.
Mr Dunham went on: "At the moment we need to concentrate on getting Freddie back to his health."The lawyer said there various courses of action open to Starr but now was not the right time to comment on them.
"He's a man of good character, remains a man of good character, and I would ask the public now to stand by this man," he added."No doubt about it, his innocence has been proven."
Starr said he was "very relieved", adding: "I'm not feeling well, really."
Asked if he had a message for his fans, he said: "Thank you."
More top news
The World Health Organization said postponing the 2016 Games would not 'significantly alter' the spread of the Zika outbreak.
Employment Minister Priti Patel has launched a scathing attack on the government's 'chaotic' immigration controls.
Hanako died peacefully in a Tokyo zoo after living alone for 67 years.