The probe agency said that it has closed the case that began in 2007 owing to the fact that there is "grossly insufficient evidence" against the SP chief.
However, the opposition attacked the move by the CBI and said the country's premier investigating agency is being used to protect friends and persecute opponents.
"If Congress needs support from any of its allies, then they automatically get a clean chit. If any party denies support, then the CBI guns for them. Be it the Samajwadi Party or BSP (of Mayawati), this game has been going for a long time. As long as the Congress is in the Centre, such things will go on," BJP spokesperson Mukhtar Abbas Naqvi told media.
The CBI ealier charged Yadav for accumulating nearly Rs. 2.63 crores of disproportionate assets which did not justify his income.
However, the agency said it mistakenly included some loans taken by him as his income.
The CBI re-examined its calculations after the Supreme Court ruled in December that Uttar Pradesh Chief Minister Akhilesh Yadav's wife, Dimple, should not be included in the investigation.
The agency noted that allegations which said Yadav and his children are the real owners of property registered in the names of others, could not be proven.
--IBNS (Posted on 21-09-2013)