John Egan has expressed his satisfaction following the Jockey Club's decision not to proceed with an inquiry into whether he brought racing into disrepute.
Egan, along with former champion jockey Kieren Fallon, was the subject of allegations made by the News Of The World last March after undercover reporters met the pair.
However, after studying a dossier from the Sunday newspaper along with some subsequent information, the Jockey Club decided that there was insufficient evidence for an inquiry.
"I was always confident that there was no case to answer, so it's no surprise to me that the Jockey Club has now decided not to take it any further," Egan told the Racing Post.
"I'm obviously happy and relieved at the decision, though this whole thing has cost me a considerable amount of money. However, it is over now, and I'm pleased about that."