No one knows who's telling the truth, but I like this move by the school.
If the players are guilty, they are getting what they deserve. I doubt any Division I football team would forfeit games during the investigation.
It also sends a message to the underclassmen on the team. Don't try this crap again or you'll lose more of your eligibility.
If the players are innocent they will be vindicated in the court of public opinion.
-----
Ooops.