"Kings XI Punjab believes in fair play and commitment towards the game. We have complete faith in the IPL governing body and BCCI and we abide by their decision," Kings XI management said in a statement.
"Detailed interrogation will take place by the concerned authorities and if any player is found guilty, proper action as warranted will be taken against the individual," it added.
The BCCI yesterday suspended Mohnish Mishra, Shalabh Srivastava, T P Sudhindra, Amit Yadav and Abhinav Bali with immediate effect pending inquiry after a lengthy tele-conference of its top officials and members of the IPL's Governing Council.
Incidentally, both Shalabh and Amit are signed up with Kings XI but have not played a single match for the franchise this season.
The BCCI swung into action after television channel 'India TV' yesterday claimed to have blown the lid off "murky deals" in the IPL among players, organisers, owners and big guns of Indian cricket.
The TV sting operation which was aired at prime time yesterday created a flutter in the Indian cricket establishment prompting the BCCI to react quickly.
The channel had claimed it had done a sting operation in which many players confessed on hidden camera they get much more than their prescribed auction under the table.
According to the channel, its operation also revealed that spot-fixing is not only prevalent in IPL but also that first class matches are fixed and women played an important role in match-fixing.
The IPL's Governing Council had sought video footage from the TV channel and is understood to have scrutinised the tapes before taking the decision of suspending the players.
