The Crown Prosecution Service dropped the case after a thorough investigation.
Le Vell has also had to come to terms with the break-up of his marriage to actress Janette Beverley, with whom he has two children.
The family home in Hale, Greater Manchester, has been put on the market.
A spokesman for Greater Manchester Police said: 'A file of evidence was prepared for the Crown Prosecution Service who decided there was insufficient evidence to charge. No further action will be taken.'