10:38 AM PT -- David Pecker -- the chairman and CEO of the Mr. Olympia Contest -- announced Friday that Shawn Rhoden's eligibility to compete in the 2019 Mr. Olympia competition is revoked -- and that he won't be able to compete in any future competitions either. On top of that, Pecker says that his company, American Media, is suspending all coverage of Rhoden in any and all of its subsidiary media brands, including Muscle & Fitness as well as FLEX, until his case is resolved.
2:08 PM PT -- TMZ Sports has obtained official docs from the case ... which show his bail has already been set for $750,000.
There's also more information about the allegations ...
The woman -- who is married -- claims she went straight to police after the alleged assault and underwent a sexual assault examination.
The nurse who conducted the exam said the accuser had a laceration on her vagina, something prosecutors in sexual assault cases usually look for to support a rape claim.
Bodybuilding superstar Shawn Rhoden -- the 2018 Mr. Olympia winner -- has been charged with 1st degree rape in Utah after allegedly sexually assaulting a female bodybuilder in 2018.
Cops in Salt Lake City tell TMZ Sports ... 44-year-old Rhoden -- who goes by Flexatron -- has not been arrested, but a warrant has been issued.
According to court docs, first obtained by KSL.com, Rhoden's accuser claims she visited Rhoden in his hotel room in Oct. 2018. The unidentified woman told cops she viewed Rhoden as a mentor.
But, during the visit, the woman claims Rhoden forced himself on her -- and despite repeated pleas to stop, he refused. She claims he eventually stopped and let her leave the room.
Officials say the woman went to police and they collected evidence from her body that tested positive for Rhoden's DNA.
Rhoden has been hit with multiple criminal charges including felony rape, object rape and forcible sexual assault.
Rhoden is a huge star in the bodybuilding world -- he has 1.6 million followers on IG and is the reigning Mr. Olympia ... the most prestigious title in the sport. He famously dethroned Phil Heath, the legend who had won the Mr. Olympia competition 7 years in a row.