A Cambridge University student who sparked fury for burning a £20 note in front of a homeless man will not be expelled.
Shocking mobile phone footage showed Ronald Coyne, who was dressed in a bow tie and coat-tails, taunting a rough sleeper in Cambridge city centre.
The university came under pressure to expel the student after the video of Mr Coyne offering homeless man Ryan Davies the note - before burning it - went viral online.
But he kept his place at Pembroke College after writing a public apology saying he had been threatened with chemical attacks after he 'forgot what it really meant to study at Cambridge'.
He was promptly expelled from the Cambridge University Conservative Association after his disgraceful behaviour in the early hours of February 2 caused a national furore.
It was likened to the initiation rites of Oxford University's notorious Bullingdon Club attended by Boris Johnson and ex-PM David Cameron.
A petition to 'Remove Ronald Coyne from Cambridge University' was signed by more than 23,000 people.
But bosses at the historic university have repeatedly refused to confirm or deny if disciplinary action would be taken against the