He has, however, warned the 21-year-old West Brom striker he has to show he has learned his lesson through improved future behaviour.
Berahino is West Brom's top goalscorer by a distance this season and has thoroughly impressed in the Premier League.
Speculation with regard to his future, though, as well as his off-field actions, have cast doubt over an otherwise promising footballing career.
As far as Hodgson is concerned, those misdemeanours have been dealt with - but only if Berahino shows a willingness to change.
“It’s been dealt with. He has been reprimanded and, as far as we are concerned, the matter is closed," the England manager is quoted as saying.
“It is up to him to put that behind him and show with his future behaviour that he has taken the reprimand on board.”
The 67-year-old, of course, was in charge at West Brom before taking on the role of England manager. Hodgson enjoyed success at the Baggies, along with his fondly remembered time at Fulham, but failed at Liverpool.
Berahino, meanwhile, no doubt has the talent to go considerably far if he is already netting so regularly at 21. But the Premier League has been littered with examples of young stars who didn't take enough care off the pitch, á la Ravel Morrison...