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Also known as Richard Liu, the founder of the Beijing-based e-commerce site was arrested in Minneapolis late Friday on suspicion of criminal sexual conduct, jail records show.

The CEO of Chinese e-commerce giant JD.com Inc (JD.O), Richard Liu, was arrested by US police on suspicion of criminal sexual conduct and later released in what police said was an ongoing investigation.

Minneapolis police spokesman John Elder said Sunday that he couldn't provide any details because the investigation is considered active. He declined to say where in the city Liu was arrested or what he was accused of doing.

JD.com, the company in which Liu has a large controlling stake, told the Reuters news agency on Monday that he was back in China and back at work.

The arrest comes shortly after Liu was in the spotlight for another incident involving sexual misconduct.

Elder said he did not know if Liu was being represented in the case by a lawyer.

The University of Minnesota said Liu was a student in its doctor of business administration program, which primarily takes place in Beijing in partnership with Tsinghua University and is aimed at full-time executives.

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JD.com, which stands for Jingdong, is the rival of the popular Chinese e-commerce site Alibaba Group led by CEO Daniel Zhang.

University spokeswoman Emma Bauer in a statement declined to comment further and referred questions to the Minneapolis Police Department.

Liu's company released a statement that denied he had done anything wrong.

Liu built JD.com from scratch.

JD.com is 10 percent owned by Walmart, while Chinese internet firm Tencent owns 18 percent.

Earlier this year, Liu attempted to suppress information about a sexual assault that occurred after a 2015 party at his Australian home.

Longwei Xu was found guilty in July of sexual assault after a jury found that he pinned the woman down and repeatedly tried to have sex with her during an hour-long ordeal at his hotel room in December 2015, Sydney Morning Herald reports.