The Board of Control for Cricket in India (BCCI) on Monday suspended Rajasthan Royals co-owner Raj Kundra for involvement in the IPL betting scandal.

The decision was taken in the BCCI’s working committee meet in the Capital on Monday.

The Board’s head of the interim arrangement, Jagmohan Dalimya, was forced to call the meeting after the Delhi Police claimed that Kundra, a minority shareholder in Rajasthan Royal, has confessed to betting during the IPL matches.

The BCCI is under immense pressure to take a tough stand in a bid to restore the credibility of the IPL which has taken a severe beating following the scandals.

“The entire Raj Kundra issue will be discussed at length. The members may also recommend that he should be suspended till the probe is completed. If he is found guilty, action will be taken. If he gets a clean chit, he can return to the position”, a top BCCI official said.

If the charges are proved, Rajasthan Royals face the prospect of being terminated from the IPL and to avoid this fate, the franchise has already distanced itself from Kundra.

The team is, in fact, ready to dump Kundra to save the franchise, stating that the businessman has no involvement in its running and would be suspended if found guilty.

Rajasthan Royals have also declared that Kundra would forfeit his shares in the franchise if he is found to be in breach of any regulations.

“Mr. Raj Kundra is a minority (11.7%) shareholder, and he has no involvement in the running of the franchise. We believe that Mr. Raj Kundra is a law abiding citizen and would not act contrary to law,” Rajasthan Royals Chairman Ranjit Barthakur and CEO Raghu Iyer had said in a statement.

“If however, he is proven guilty, or has breached any regulations, he will be suspended, and he will also forfeit his shares. This is a strict governance procedure agreed to by all Rajasthan Royals shareholders, and it is consistent with our zero tolerance approach,” the statement said.