Police have launched a formal investigation into allegations of fraud surrounding the salary cap dramas of NRL club Parramatta.
The NSW State Crime Command confirmed on Thursday evening they had launched the probe into the Eels, acting on a report given to them by the NRL integrity unit
"Following a review of the report, an investigation has commenced," a police spokesperson told AAP.
The move raises the possibility of fraud charges being laid in relation to the Eels alleged salary cap irregularities.
In announcing its preliminary findings into the saga last month, the NRL said Parramatta had been in breach of the salary cap to the tune of $3 million since 2013.
The NRL said more than 750,000 documents had been obtained as part of their investigation and report that was subsequently handed over to police.