Saudi Arabian billionaire Prince Alwaleed bin Talal has been released from detention, more than two months after he was taken into custody.

It comes just hours after the prince said he expected to be cleared of any corruption charges. Alwaleed had been confined at the Ritz-Carlton Hotel, along with dozens of others detained in Crown Prince Mohammed's anti-corruption crackdown in early November. He said he expected to keep full control of his global investment firm, Kingdom Holding without being required to give up assets to the government.