The 52-year-old was one of the earliest players in Kerala and the first female football coach in the state.
Until recently, Bineesh Balan's family were of the belief that he was going out for practice.
Officials had been claiming that all the equipment were handed over to the Kerala State Sports Council (KSSC) as per a government order once the Games was over.
Government sources confirmed that the General Administration Department had already released the amount to the council.
However, the decision to limit the number of fresh seats to 227 this year will stay.
A proposal has been made to expel as many as 231 existing students on the grounds of poor performance.
It has been alleged that Bobby misused the central and state governments' funds given to her as part of her foreign training programme in 2003.
Known as the ‘Dronacharya of Kerala hockey', Shenoy’s forte was talent-spotting and giving exposure to young players.
The 67-year-old, husband of former athlete Padmini Thomas, was the head of a family that has put the state on India’s sports map in a big way.
The 67-year-old fell from the terrace of his daughter's home.