President of the Board of Control for Cricket in India (BCCI), Narayanaswami Srinivasan is to step down from his post in the midst of the IPL spot-fixing controversy, the BCCI told the Indian Supreme Court, Indian media sources claimed.

Srinivasan will however not give up his position in the International Cricket Council (ICC).

Two days back Supreme Court made it clear that the BCCI president should step down to enable a fair investigation in the Indian Premier League (IPL) betting scandal, Zee News reported.

The court, which had on Tuesday asked the BCCI chief as to why he was sticking to the chair, wanted Srinivasan to quit on his own, otherwise it would pronounce its own decision if he doesn`t quit. The apex court will resume its hearing in the case today.

The powerful BCCI chief has continued to remain mum on the SC observation that he should step down from his post.

N Srinivasan on Wednesday said that he won`t quit from his post and wait for the apex court order due on Thursday.

TV news channels quoted a defiant Srinivasan as saying, “I have done no wrong and no one can force me out of BCCI.” 

The beleaguered Srinivasan, who underwent a cataract surgery Wednesday, had a series of meeting with legal experts during the day though no official word as to what he plans to do has come out yet.

Srinivasan`s continued silence has raised speculation that he may not resign immediately but may wait for the hearing to resume before taking a final decision. Seeking a review is one of the options available to him.