Swedish prosecutors said on Friday they would drop a preliminary investigation into an allegation of rape against WikiLeaks founder Julian Assange on Friday, bringing to an end a 7-year legal stand-off.

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"Chief Prosecutor Marianne Ny has today decided to discontinue the preliminary investigation regarding suspected rape concerning Julian Assange," the prosecutors office said in a statement.

Assange, 45, has lived in the Ecuadorean Embassy in London since 2012, after taking refuge there to avoid extradition to Sweden over the allegation of rape, which he denies.

However, British police said Assange would still be arrested if he leaves the Ecuadorean embassy in London.

"Westminster Magistrates' Court issued a warrant for the arrest of Julian Assange following him failing to surrender to the court on the 29 June 2012," London police said in a statement. "The Metropolitan Police Service is obliged to execute that warrant should he leave the Embassy."