Chalk this one up as a WIN for Warner Wolf -- the legendary sportscaster's charge has been DROPPED in his battle over his gated community's "plantation" sign.
As we previously reported ... officials say Wolf ripped the word, "Plantation," off the sign of the private community where he lives, "Classics Plantation Estates" because he believes the word is offensive.
Wolf had lobbied the homeowners association to make the change for years -- but on Nov. 30, the 81-year-old was fed up and did the job himself.
Wolf was charged with felony criminal mischief last month .