Your request should have been an explicit return of contribution, not an ordinary distribution, of exactly the $7,000 contribution. Fidelity would then calculate the earnings attributable and distribute the reduced amount. Make sure that you have a sufficient amount of funds that are invested only in cash before initiating the return of contribution. If the entire account balance is attributable to only this $7,000, make sure that all of it is invested in cash before initiating the return of contribution. Otherwise, remember that the net income attributable is calculated over the entire account, not just the particular investment in the account purchased with the $7,000 contribution.
