Vanderbilt announced Friday that sophomore guard Eric McClellan was dismissed from the school.
This comes two days after McClellan was suspended for the rest of the season due to a "violation of university academic policy" and was expected to be reinstated after the spring semester.
"McClellan will not be a part of the program in the future, based upon newly discovered information that came to light Wednesday evening," the school said in a statement Friday.
The Nashville Tennessean reported that McClellan is facing theft charges stemming from an Aug. 23 incident and corresponding hearing is scheduled for Feb. 12.
McClellan and center Josh Henderson (knee injury) have been subtracted from coach Kevin Stallings' roster since the start of the season. Last offseason, four other players left the team.
McClellan averaged 14.3 points, 4.4 rebounds and 3.2 assists before the suspension. He played in the first 12 games and sat out all of last season as a transfer from Tulsa.
Vanderbilt dropped to 8-5 in an SEC-opening loss at Alabama on Tuesday, a game in which McClellan did not play. The Commodores host Kentucky on Saturday.