Mr Frampton, of Wellingborough Road, Northampton, was supported throughout the trial at Oxford Crown Court by his wife, the popstar Anne-Marie.
Defending Mr Frampton, Patrick Gibbs KC earlier told the court that his client would be “cancelled for the rest of time”, whatever the outcome of the trial.
In his closing remarks, Mr Gibbs said Slowthai “wasn’t everybody’s stereotype of a rapper”, adding he was a “thoughtful” and “modest” man who “throws himself, sometimes recklessly, into life”.
“Even if he [Mr Frampton] is acquitted, it [the allegations] will not leave him,” he added.
Judge Ian Pringle KC told court that the case had “raised a lot of high feelings”.
Mr Blake-Walker, of Wallbutton Road, south London, put his arm around his friend as the pair were told they could walk free from the the dock by Judge Pringle.
The men’s friends and family cheered loudly outside the courtroom following the verdicts.