by Bill DiFilippo / @bflip33

Louisville forward Chane Behanan was cleared of any wrongdoing in the auctioning of his 2012 Final Four ring on Friday afternoon.

The ring appeared on an auction site a few days ago, which, if Behanan was involved, would be a violation of NCAA rules.

However, after an investigation into the matter, it was declared that Behanan was not involved in the sale of his ring, which he claims he gave to his grandmother and was stolen.

From USA Today:

“University of Louisville and law enforcement officials have gathered extensive information into their examination of how Chane Behanan’s 2012 Final Four ring recently appeared on a sports memorabilia auction site and have determined that Behanan was not involved in the process,” according to a school release. “After communicating with multiple parties, there was no indication that Behanan had anything to do with the ring being presented for sale or that he had any knowledge the ring had been stolen until information appeared on social media Tuesday night.”

Behanan’s mother, Heaven Warren, told the Louisville Courier-Journal on Wednesday she asked the auction site, Grey Flannel, how had obtained the ring, but was told only that it had been acquired from a “reputable source.”

“Nobody in our family even knew the ring was even gone until this all came up,” Warren said. “It’s a huge shock to us.”

This is huge news for Behanan, who recently returned from a suspension due to a violation of team rules. The junior is averaging 8.6 points and 6.2 rebounds for the defending national champions.