Former wrestler Hulk Hogan has dropped his lawsuit against his friend DJ Bubba the Love Sponge after initially accusing him of releasing a sex tape involving the ex-WWE wrestler.

Hogan accused the DJ of leaking the video of him and Bubba's estranged wife Heather Clem but Bubba responded by suggesting that Hogan played a part in the tape reaching the public.

Following Hogan's decision to drop the lawsuit, DJ Bubba told TMZ: "It is my belief that Hulk is not involved, and has not ever been involved, in trying to release the video, or exploit it, or otherwise gain from the video's release in any way."

Bubba has also revealed that he will work with Hogan and his lawyers to find the person behind the release of the tape.