A civil lawsuit accusing Jay-Z of raping a 13-year-old girl alongside Sean "Diddy" Combs in 2000 has been voluntarily dismissed.
According to court documents filed on Friday local time in New York, the case brought forward by an anonymous woman had been withdrawn.
In a statement made on the Roc Nation X page, the rapper, whose real name is Shawn Carter, said "today is a victory".
"The frivolous, fictitious and appalling allegations have been dismissed," the statement says.
Jay-Z went on to say in his statement that the civil suit was "never going anywhere".
"The fictional tale they created was laughable, if not for the seriousness of the claims. I would not wish this experience on anyone.
"The trauma that my wife, my children, my loved ones and I have endured can never be dismissed."
The filing in federal court in Manhattan said the plaintiff Jane Doe voluntarily dismissed the lawsuit with prejudice, meaning it cannot be brought again.
Jay-Z, who founded the music publishing and entertainment company Roc Nation, has from the outset denied the allegations and accused lawyer Tony Buzbee of blackmail.
The anonymous accuser, who is identified only as Jane Doe, said she was assaulted by Carter and Combs after she was driven to a private residence where an after party for the MTV Video Music Awards was held in New York City.
Weeks after the claim was filed, the anonymous woman acknowledged certain inconsistencies in her story, while her lawyer said he will continue to vet her claims.
In a separate statement sent to Billboard, Jay-Z's attorney Alex Spiro said the rapper has cleared his name.
"The false case against Jay-Z that never should have been brought has been dismissed with prejudice," he said.
"By standing up in the face of heinous and false allegations, Jay has done what few can — he pushed back, he never settled, he never paid 1 red penny, he triumphed and cleared his name."
Jay-Z's statement continued by critiquing the courts for allowing the accuser to remain anonymous.
"This 1-800 lawyer gets to file a suit hiding behind Jane Doe, and when they quickly realise that the money grab is going to fail, they get to walk away with no repercussions," it said.
"The system has failed.
[tweet roc nation]"The court must protect victims, OF COURSE, while with the same ethical responsibility, the courts must protect the innocent from being accused without a shred of evidence.
"May the truth prevail for all victims and those falsely accused equally."
A representative of Sean "Diddy" Combs has not yet provided a comment on this lawsuit.