Former New Zealand cricketer Chris Cairns has been found not guilty of perjury.
The jury returned its verdict at 11:40pm (NZT) after a total of 10 hours and 17 minutes deliberating at the Southwark Crown Court in London.
It followed that Cairns, 45, was also found not guilty of perverting the course of justice.
His co-defendant, barrister Andrew Fitch-Holland, was found not guilty of perverting the course of justice.
Cairns barely held back tears while Fitch-Holland sobbed in the dock. Both thanked the jury as they left the court.
The nine-week trial stemmed from a 2012 libel case, in which Cairns won £90,000 in damages after suing Indian Premier League founder Lalit Modi over a tweet accusing him of match-fixing.
Cairns and Fitch-Holland were charged with perverting the course of justice for allegedly colluding to convince former Black Cap Lou Vincent to lie about match-fixing on Cairns' behalf ahead of the Modi trial.
The prosecution case boiled down to three key witnesses including Black Caps captain Brendon McCullum and Vincent who both say Cairns approached them to cheat.
Several witnesses, including former captains Daniel Vettori and Ricky Ponting, backed up their statements.
The Crown prosecutor asked the jury to consider why all their witnesses would lie and conspired to incriminate an innocent man.
On the other hand, the defence argued it was not all the witnesses who lied, just McCullum, Vincent, Eleanor Riley and Vettori.
It says the Crown case is borne out of "rumour upon rumour".
The jury had only been deliberating for five hours when a call came over the court loudspeaker summoning "all parties in the trial of Cairns and Fitch-Holland".
The judge, Justice Nigel Sweeney, said he had received a request from the jury asking if it could return a majority verdict rather than a unanimous one because they could not all agree.
There was no objection from the lawyers on either side and the request was allowed by Justice Sweeney.
The trial ran twice as long as it was originally set down for but the saga is far from over.
Modi is expected to launch a civil case against Cairns. A lawyer representing Modi has been present for most of trial.
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