The USF men's basketball program is under investigation for possible academic fraud, according to ESPN.

The university released a statement on Wednesday afternoon.

"The University of South Florida and the NCAA enforcement staff are working together to investigate and resolve an inquiry into potential violations of NCAA bylaws and university standards by one of our intercollegiate athletic programs. Because the University of South Florida is committed to protecting the integrity of the investigation and ensuring those involved receive fair treatment, we cannot provide any details about the investigation at this time."

Later on Wednesday, USF announced that assistant coach Oliver Antigua, the brother of head coach Orlando Antigua, had resigned from his position on the staff.

Antigua is entering his third season with the Bulls and has a 17-48 overall record.