Indian Premier League franchise Rajasthan Royals face possible termination after co-owner Raj Kundra admitted placing bets on his team during previous tournaments.
According to Delhi Police, Kundra, an English national, claimed that he was unaware that betting on cricket is illegal in India and is understood to have lost substantial amounts of money.
Kundra admitted to betting on his team during questioning and the BCCI are now set to hold an emergency meeting of its working committee, where the fate of Rajasthan will be discussed.
"We have taken cognisance of the Raj Kundra issue. We are going to discuss it in our meeting on June 10 and if necessary, stringent measures will be taken," news agencies quoted Jagmohan Dalmiya, interim President of the BCCI, as saying on Thursday (6th June).
The agreement between the BCCI and IPL franchises states that if any franchise group or owner acts in a way which has a 'material adverse effect' on the tournament or the board, then their agreement will be ended.
Rajasthan Royals won the inaugural tournamet in 2008 and made the play-offs this year.
© Cricket World 2013
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