According to a source with a high rank at Yuri Holdings, Mr. Yoo has resigned as CEO.

The Yuri Holdings Executive revealed, “We recently held an emergency board meeting and appointed Ahn Hyo Yoon, a former consulting specialist from outside the company, as our new CEO. As a management specialist, he will give the company a fresh start.As a result, Yoo In Suk, who previously held the management rights of the company, has naturally resigned from his position. "

Regarding the former CEO undergoing questioning at the police station, the Exec said, “We do not now much about his personal matters. He’s been feeling a lot of pressure about work at the company ever since he got caught up in such disgraceful incidents and had to go through the police investigation.”

Mr. Yoo previously admitted to the police during investigation on the 14th about being 'Problem Solver' in the controversial Katalk chatroom involving Big Bang member Seungri, Jung Joon Young, F.T Island Jong hoon, CNBlue Jonghyun and 4 other individuals. 

Stay tuned for updates.