Sharma along with Pune Warriors team-mate Wayne Parnell were among the 94 people detained by the police after a raid at Hotel Oakwoods in Juhu, Mumbai.
"I know I am innocent, if the reports (of blood tests) are positive, I will leave cricket," Sharma said today, adding that the team management has full trust in them.
The player's blood test report is expected in the next couple of days.
"Those who know me, including my team-mates, know that I have never touched Champagne after victories. It's a big thing."
He refuted the allegation that he was present at a rave party at a Mumbai hotel, claiming that he had gone there to attend a birthday celebration.
"I was invited to a birthday party. Wayne Parnell was with me, I did not know that there was a rave party at the hotel," said the spinner.
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"We reached there at around 7 in the evening and all of a sudden within half an hour of us reaching there, the police raid happened. We didn't know what was happening, I asked the police officers and they told me that a raid was in progress," he told PTI-Bhasha.
"The police said there will be checking and those who are clean, they will let them go."
Sharma said he has been cooperative with the police and claimed that he has never touched alcohol.
"We have cooperated with the police and have even given medical tests. I belong to a simple family and have not even had a beer in my life, where does the question of attending a rave party arise?" he asked.
"I have told everything to the team management and things would be clear once the medical report comes out," he said.