The deceased identified as Dr D K Shakalye, was alone at home at the time as his wife was out for a morning walk, Garha police station in-charge Bharat Singh Rajput said.
The cause of the suicide was not yet known, Rajput added.
After pouring kerosene and setting himself on fire, he came out of the house and cried for help. People in the vicinity doused the flames and took him to the hospital.
Dr Shakalye, who took charge as the dean six months ago, was on leave for the last twenty days. His colleagues told police that he often seemed to be under stress.
As many as 90 students of the college were expelled after the scam in the medical entrance examinations conducted by the Madhya Pradesh Professional Examination Board came to light. Legal action was initiated against twenty of them.
Police however did not say anything about whether it could have anything to do with Dr Shakalye's alleged suicide. Further probe is on.