The investigation into Richmond's nude photo scandal has now stopped, according to Channel 7.

7 News reported the investigation had ended at the request of the woman behind the photo.

Victoria Police confirmed the new development to 7 News on Tuesday afternoon.

The photo had circulated after Richmond won their premiership just over three weeks ago, featuring a girl wearing one of Richmond's premiership medallions around her neck.

The girl had reportedly consented to the photo being taken, but not shared.

The case can be re-opened at any stage if necessary, however, according to the report.