Seungri (left) is accused of trying to procure sex workers for his business investors (file picture)/VCG VIA GETTY IMAGES
One of South Korea's most successful boyband stars has announced his retirement from showbiz, a day after he was charged with supplying prostitutes to business investors.
Seungri will be leaving the five-piece group Big Bang, who have sold over 140 million records since their 2006 debut and are known as the "Kings of K-pop".
The 28-year-old wrote on Instagram: "I have decided to retire because the controversy has become so big."
He has denied procuring prostitutes, according to BBC report.
Seungri, whose real name is Lee Seung-hyun, had already cancelled all planned engagements in February, and the March shows of his solo tour.
In a statement he apologised to his fans, and promised to "sincerely participate in investigations into all allegations".