If you are caught claim the money was for Party, not for personal gain!
Jothikumaran can't say it was for party, so he says it was for IHF. The smart money is on he not having turned in that money to IHF or having issued a receipt for the amount.
And besides, why would a above the board sponsorship (or party contribution) can't happen in Cheque? Which company wants to pay for Hockey in Cash?!!