Andy Peters, 21, spent four years in prison on remand for murder.
On Monday, he was freed by the High Court after Justice Simone Morris-Ramlall upheld a no-case submission made by his attorney Latchmie Rahamat.
Peters was on trial with his co-accused Shannon Cox, 24, for the April 29, 2017 murder of 16-year-old Brian Yearwood who was fatally stabbed during a school fair at Covent Garden, East Bank Demerara.
Cox was represented by attorney Madan Kissoon, who also made a no-case submission, but the judge did not rule in his favour. He was called to lead his defence and but he maintained his innocence.
Justice Kissoon is expected to sum up the evidence against Cox on February 17, after which a jury will deliberate to arrive at a verdict.
Charles, a student of the Covent Garden Secondary School, was stabbed while attending a concert in the Nursery School compound in that village.
The teenager of Grove, East Bank Demerara, was there with other friends when he was stabbed to the chest.
There were several theories on what fuelled the misunderstanding.
