Former Indian Premier League or IPL chief Lalit Modi has resigned as the president of the Nagaur District Cricket Association in Rajasthan.
In a late night resignation, Mr Modi put out three-page letter calling for the Rajasthan Cricket Associatiobn to be made “best again”.
“I feel that the time is now ripe to pass on the baton to the next generation. Thus, today I want to bid goodbye to cricket administration for now,” he said.
Mr Modi, 50, who faces allegations of money laundering, is on the run from Indian authorities and in exile.
Because of Mr Modi’s presence BCCI had banned the Rajasthan Cricket Association.
With his exit, the state cricket body is now hopeful the ban will be lifted and 100 crores fund will come back , money badly needed by Rajasthan cricket.
Rajasthan has not hosted a single IPL match past 3 years.
Lalit Modi’s 22-year-old son Ruchir had lost the high-stake Rajasthan Cricket Association election in June to Congress man CP Joshi.
The IPL founder left India in 2010 amid allegations of tax evasion, money-laundering and proxy ownership and is based in London since the last few years.