The 54-year-old was arrested on Tuesday and was due to appear at Paisley Sheriff Court the following day.
Rangers Suspend Trio
Rangers have suspended Derek Llambias, Barry Leach and Sandy Easdale "pending an investigation''.
Chief executive Llambias and finance director Leach are both close associates of shareholder and Newcastle owner Mike Ashley and were both voted off the board on Friday. Easdale is chairman of the football board at Ibrox but was never on the plc board.
Dave King, Paul Murray and John Gilligan were all voted on to the board on Friday, although the former is awaiting fit-and-proper clearance from the stock exchange and football authorities.
A club statement read: "Rangers Football Club announce today that Derek Llambias, Barry Leach and Sandy Easdale have been suspended from their duties pending an investigation.
"It is also noted that Mr Llambias and Mr Leach, along with Sandy Easdale, have been advised that a resolution to remove them as directors of the company has been received by the company.
"A meeting may be required for this purpose but it is hoped that this will not prove necessary.
"Acting chairman Paul Murray, fellow directors Douglas Park and John Gilligan, and the club's head of football administration Andrew Dickson have been appointed to the board of the company.''
A cast of more than 1,200 people from across the globe performed at Edinburgh Castle in front of the royal duo.
Crews were called to the property in Blochairn Road, Royston, at 3.44am on Thursday.
The award comes as the restaurant makes its first appearance in the book's UK top 50, sitting at number 25 on the list.
Most Viewed Pictures On Heart
Recently Played Tracks
To listen live, choose your preferred station:
Now playing: The best feel good music
Deposit £10 to get a £40 Welcome Bonus - That's £50 to play bingo, slots and more!*
Over 50 tracks to make you feel-good. New album out now...
Find your local four day weather report here.
Make Heart the soundtrack to your day and you could be a winner with great prizes up for grabs throughout the day.
Find out more about some of the companies advertising on Heart Scotland- East.