Back in March, an investor named 'Lee' filed against the singer as well as 2 others who were part of J.Tune Creative, requesting 2 billion KRW (approximately $1.8 million USD). 

For those of you who aren't familiar with the issue, Rain and the executives of the company he headed at the time, J.Tune Creative, were sued back in 2010 for embezzling the funds of this said investor, after receiving investment for a fashion company. Rain was found not guilty during the initial court ruling, while the other executives in the lawsuit were found guilty of some of the charges. However, in 2011, the court ruled that a re-investigation is needed and opened up the case again.

After nearly 2 years, the re-investigation has concluded and the Seoul Central Prosecutors decided, "There isn't enough evidence to prove the plaintiff's accusations against singer Rain. We've decided he is innocent on all counts."

Rain is scheduled to be discharged from the army on July 10.

SEE ALSO: Rain and 2 others, previously part of J.Tune Creative, sued for 1.8 million USD by fashion company investor

Source: Chosun Ilbo via Nate, Ilgan Sports via Nate