The IPL governing council has suspended five players named by a sting operation alleging corruption until an inquiry into the accusations is conducted.
TP Sudhindra of the Deccan Chargers, Mohnish Mishra of the Pune Warriors, Shalabh Srivastava and Amit Yadav of Kings XI Punjab and Abhinav Bali were suspended, according to IPL chairman Rajiv Shukla.
Shukla also said Ravi Sawani, the former head of the ICC's anti-corruption and security unit, will conduct the inquiry.
Srivastava, one of the players accused by the sting, said he was not guilty.
India TV, a television channel, showed footage of a player bowling a big no-ball in a limited-overs match and played a recording of a phone conversation that it said was of a current IPL player negotiating a fee for bowling a no-ball.
It also had at least three players on camera allegedly seeking more lucrative deals - including extra money that would have violated their IPL contracts - with other league franchises through an undercover reporter posing as a sports agent.