The incident has been met with astonishment in Australia, with the protagonists -- Smith, his vice captain David Warner and opening batsman Cameron Bancroft -- lambasted in the media under headlines almost universally trumpeting the word "Shame".
The incident, which Australian captain Steve Smith said involved senior players hatching a plan to tamper with the ball during a game against rival South Africa, also threatens to upset current negotiations over broadcast rights.
"In light of recent events, David Warner has stepped down as captain of SunRisers Hyderabad. The new captain of the Team will be announced shortly," K.Shanmugam, CEO, Sunrisers Hyderabad, was quoted as saying in a statement.
Steve Smith received a standing ovation for a fighting 92 at Lord's despite being struck on the neck by a Jofra Archer bouncer.
Images from Day 2 of the 5th and final opening Test between Australia and England at the SCG in Sydney on Friday
Renshaw made his Test debut at 20 against South Africa in 2016 but is taking a break from cricket after being dropped by Queensland ahead of the resumption of the Sheffield Shield season.
The second Ashes Test between England and Australia is scheduled from August 14 to August 18 at Lord's Cricket Ground.
Soon after the BCCI banned the duo from the upcoming Indian Premier League, Smith and Warner were each hit with 12-month bans by the national body for their roles in ball-tampering scandal during the Cape Town Test against South Africa last month.
IMAGES from Day 3 of the 1st Ashes Test at Edgbaston, Birmingham, on Saturday
'He knows exactly what he's trying to do, exactly what the opposition are trying to do and he analyses every ball -- it's like a computer, he spits out the answer'
Perth Scorchers' opener Michael Klinger was given out on the seventh ball of an over with umpires failing to realise their mistake.
With the world watching, Steve Smith crafted a sublime 144 to help Australia recover from 122 for eight to 284 all out of Day 1 of the first Ashes Test.
A cheating scandal that has ripped through the core of Australia's most venerated pastime, cricket, prompted church leaders to provide guidance over the Easter weekend on how to emerge from the moral tailspin.
Australia coach Darren Lehmann apologised to the public and called for forgiveness for the "grave mistake" made by the trio of Test players banned for their role in the ball-tampering scandal that has rocked the sport.
The trio, stripped of their positions, will discover the full extent of their punishment in the next "24 hours" with Cricket Australia chief James Sutherland promising "significant sanctions" at a news conference in Johannesburg.
Reaction after Australia's Steve Smith, who has stepped down as captain, confessed on Saturday that the team's "leadership group" had hatched a plan to alter the condition of the ball during the third day of the third Test against South Africa.
Darren Lehmann is returning to Big Bash side Brisbane Heat in his first coaching role since resigning as Australia boss in the wake of the Cape Town ball-tampering scandal.
As Steve Smith and David Warner padded up at suburban Sydney cricket grounds over the weekend, the warm spring sunshine may have seemed fitting weather for the banned Australian cricketers to take a small but important step in their rehabilitation.
An aggressive opening batsman in limited overs cricket, Aaron Finch said he is unsure what role he would be asked to play in the Tests against Pakistan in the UAE, if selected.
'With a lead of 260 going into the day session, we're in the drivers' seat'
Getting whacked on the hand by a Cameron Bancroft shot would not keep Steve Smith from the Boxing Day Test against England, the Australia captain said on Monday.
Shot clocks and run penalties could be used to speed up over rates in all forms of cricket, according to former Australia captain Ricky Ponting.
Media Mogul Rupert Murdoch's News Corp is all set to purchase Dow Jones and Co., publishers of the Wall Street Journal, for $5 billion, ending the century-long ownership of the Bancroft family.
The Australian team do not need to make wholesale changes to their cricket culture as a few tweaks should once again endear them to home fans, according to Test captain Tim Paine.
Steve Smith and David Warner may wake with some relief on Thursday as they greet the final day of their ball-tampering bans
Duo to serve out bans in full, deems Cricket Australia
With Australia not having their two key players Steve Smith and David Warner, batting great Sachin Tendulkar believes that it will be a 'huge opportunity' for India to do something special Down Under.
Some of the big moments of the sporting world from 2010-2019!
ICC cricket committee chairman Anil Kumble says the recommendation to ban saliva for shining the ball is only an interim measure and "things will go back to normal" once the coronavirus pandemic is brought under control. The Kumble-led panel recommended a ban on saliva to minimise the risk of infection. On Friday, the ICC, in its guidelines for resumption of the game, also suggested a bar on the practice.
'This is like the Indian team not having Rohit Sharma and Virat Kohli. It's a huge factor'
Becomes second-fastest batsman to register 25 Test centuries
Cricket Australia will draw up a 'charter' governing player behaviour in the wake of the ball-tampering scandal that has rocked the nation over the last fortnight, chairman David Peever said on Friday.
England 'want to stamp authority over Australia from Day 1', says Ben Stokes
Marsh strained his back during training at the Gabba on Wednesday, Cricket Australia said, a day after Warner hurt his neck during a fielding drill.
Penpix of players in Australia's Ashes squad.
The intense interest in the incident around the world reflects not only surprise at Steve Smith blithely admitting the conspiracy to cheat but also a perception that the Australian team are serial offenders in bending and breaking the rules.
With the Sydney Cricket Ground reliably Australia's most spin-friendly wicket, the hosts may find it tough going to manufacture a face-saving victory and square the series.
'He is a really exciting talent and probably the guy I am looking forward to seeing the most this summer. I have seen the Aussies a lot and I have seen a lot of the Kiwis, but I am really excited to see him'
According to Daily Telegraph David Warner is also set be banned by Cricket Australia for the fourth Test
Former Australia captain Steve Smith says he cried for four days as he tried to cope with the fallout from the ball-tampering scandal in South Africa in March.