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The newly elected Rajasthan Cricket Association (RCA) has set up a three member committee, headed by a retired IAS Mahendra Surana, to probe the alleged "financial irregularities" during the tenure of former president Lalit Modi [Images].

The newly-constituted RCA Executive Committee, which met on Monday, formed the probe committee, RCA deputy president, Shiv Charan Mali said on Tuesday.

Two members of the probe committee would include an advocate and other CA, he said, adding their names would be declared soon.

There were number of complaints including one by former cricketer Anil Shekhawat, who alleged financial bugling during the last season's Indian Premier League [Images] matches, Mali said, adding even Shekhawat moved an FIR with the Jyoti Nagar Police station last month.

RCA executive committee also decided to build new stadia in Bikaner, Jaisalmer, Rajsamand and Hanumangarh, Mali said.