There are numerous reports in the media about this.
Olivia Rudgard in the Telegraph has Bishop George Bell investigation dropped by Sussex Police
Chichester Observer Police drop sex abuse investigation into Bishop Bell
Church Times Police drop latest investigation into George Bell
…The statement makes it clear that the police have no current safeguarding concerns, and that, therefore, no further investigation is necessary.
A spokeswoman for the Church of England’s national safeguarding team said that they had been conducting their own separate investigation since the new information was received in January. “We cannot make any further comment until the investigation is completed,” she said…