Mr Giany joined the Special Constabulary in 1989
A former chief special constable has been acquitted of theft after the Crown Prosecution Service dropped the case.
Satbir Giany, 38, was charged with two counts of theft and one of false accounting while he was special chief constable of Hampshire Constabulary.
Mr Giany, of Southampton, was acquitted of all three charges on what was due to be the first day of his trial.
New evidence had been submitted by Mr Giany's counsel ahead of Monday's hearing at Guildford Crown Court.
After the hearing, a Hampshire Constabulary spokesman said: "It was the combined opinion of the Crown Prosecution Service and the prosecution barrister not to proceed with the case."
Mr Giany was appointed Hampshire Special Constabulary chief officer, a voluntary post, in March 2008.
He was suspended on 13 October 2008 and retired on 17 October 2008.
In the same year, the father-of-three sons was made an MBE in the Queen's Birthday Honours in recognition of his voluntary contribution to community safety in Hampshire and the Isle of Wight.
He was accused of stealing £1,562 from Euro Car Parks Ltd in Portsmouth, where he worked, but his defence team submitted new evidence.
A Crown Prosecution Service spokesman said: "Last week Mr Giany's defence counsel disclosed new evidence which we considered carefully.
"In light of this new evidence it was decided, in accordance with the Code for Crown Prosecutors, that there was no longer a realistic prospect of conviction.
"Therefore, no evidence was offered on the first day of the trial and the case was discontinued."