Update: In Rails 5, this command will be accessible through this command:
rails db:purge db:create db:migrate RAILS_ENV=test
As of the newest rails 4.2 release you can now run:
rake db:purge
Source: commit
# desc "Empty the database from DATABASE_URL or config/database.yml for the current RAILS_ENV (use db:drop:all to drop all databases in the config). Without RAILS_ENV it defaults to purging the development and test databases."
task :purge => [:load_config] do
ActiveRecord::Tasks::DatabaseTasks.purge_current
end
It can be used together like mentioned above:
rake db:purge db:create db:migrate RAILS_ENV=test