The man responsible for the finances of Cambridge University's King's College has been suspended.
Officials at the prestigious university confirmed on Wednesday that college bursar Roger Salmon had been suspended, but they refused to give a reason why.
Mr Salmon, a former merchant banker and himself a Cambridge graduate, is not understood to be under investigation by police.
The announcement comes after reports that King's College has a budget deficit of more than £1m.
A university spokesman said: "All I can tell you is that Roger Salmon has been suspended. The college is saying no more and giving no reasons for the move.
"I can't even tell you whether or not he's been suspended on full pay."
Rent dispute
Cambridgeshire Police said they were not aware that Mr Salmon was the subject of any police investigation.
Financial difficulties at the college have hit the headlines recently - just last month proposals to allow American students who would pay to be privately tutored caused controversy and were later dropped.
King's College students are also currently involved in a row over planned rent increases.
Mr Salmon became bursar three years ago after working as the government's rail franchise director.