BCCI President Narayanaswami Srinivasan whose son-in-law and Chennai Super Kings CEO Gurunath Meiyappan has been arrested for alleged involvement in betting, has again ruled out his resignation. He said in Chennai, that he has no reason to resign. He said his resignation is being sought only by the press which he alleged is hounding him. Srinivasan had yesterday held a press conference hours before the final to declare that he would not step down. He also announced the setting up of a three-member enquiry panel to investigate the scandal, that led to the arrest of three Rajasthan Royals players.The BCCI president asserted that he has done nothing wrong and rejected reports of a revolt against him in BCCI. He made it clear that he would not be what he called railroaded, pushed and threatened to quit.