The CPI(M) today demanded a high-level probe into the alleged diversion of funds by Common Wealth Organising Committee to a London-based firm. In a press release in New Delhi today, the party asked the Government to take quick action against the guilty. According to reports, the Organising Committee has paid around Rs 1.68 crore to the British firm for Queen's Baton Relay held in London in October last year. The Organising Committee however denied the charges. In a statement, Organising Committee Spokesperson Lalit Bhanot said the allegation that Organising Committee made payments of 25,000 pounds every month to the firm is baseless and incorrect. He said that proper procedures were followed for making remittances.