The yacht was arrested after illegally entering Vanuatu waters near the island of Maewo in the northern part of the country.
Bold was directed by maritime police to sail to Port Vila for the captain to answer before the court, but it was suddenly released.
RNZ Pacific correspondent believes this was on the orders of the Deputy Prime Minister, Ishmael Kalsakau, after the owner had paid a fine of 10 million vatu or $US87,600 dollars.
