China’s famed Shaolin Temple said its celebrity abbot, Shi Yongxin, was under investigation over misuse of funds and “improper relations” with women.

Shi Yongxin, who has been dubbed the "CEO monk" after turning the temple into a sprawling business, is now accused of violating "Buddhist precepts."

The abbot of China's famed 1,500-year-old Shaolin Temple is under criminal investigation for alleged embezzlement, "improper relationships" with women and fathering illegitimate children, religious authorities said.