An NCAA source has told CBS News "unprecedented" penalties will be taken against Penn State in the light of the Jerry Sandusky sex abuse scandal.
According to CBS News NCAA President Mark Emmert will make the announcement Monday morning at 9 a.m. at the organization's headquarters in Indianapolis.
The news comes moments after Penn State officials removed the statue of former coach Joe Paterno from the outside Beaver Stadium.
Tensions over the fate of the statue rose after the release of former FBI Director Louis Freeh's report. The report alleged a cover-up by Paterno and other officials at the university that permitted former assistant coach Jerry Sandusky to perform sexual acts with young boys.
It is unclear what penalties await the university. CBS reports the NCAA had been awaiting the university's response to four questions pertaining to the sex abuse scandal. These questions include issues involving institutional control and ethics.