The source said that Fogle's collection was 'vast and extensive' and that he took the business seriously - charging fellow students a dollar a rental

rental business out of his dorm room when he attended Indiana University

Subway issued a statement on Tuesday, saying they have suspended their relationship with Fogle

Subway has officially suspended its relationship with Jared Fogle, after FBI agents raided the pitchman's home Tuesday morning in connection to a child pornography investigation.

According to a statement from the company, both Fogle and Subway agreed that this was the 'appropriate step to take'.

'Subway and Jared Fogle have mutually agreed to suspend their relationship due to the current investigation. Jared continues to cooperate with authorities and he expects no actions to be forthcoming,' the statement reads.

Fogle, 37, was detained outside his Zionsville, Indiana home at 6:30am when a special task force showed up with a search warrant. The weight-loss icon's wife and two young kids left just before the raid, and authorities say that Fogle is not under arrest at the time, WTHR reports.

Scroll down for video

Scandal for the Subway guy: Federal authorities raided the Indiana home of Subway pitchman Jared Fogle on Tuesday amid a child pornography investigation

Suspect? An FBI spokesman confirmed that the agency was conducting a search of the area, but would not go into more detail. Fogle pictured stepping out of a police trailer parked in his driveway Tuesday morning

Ongoing: An aerial view of the Fogle home on Tuesday morning shows a police trailer parked in the driveway, and two men standing with a dog

Analysis: Investigators with the FBI, State Police and Postal Service were seen taking electronics out of the home and back to a police trailer

Digging: An FBI investigator opens a bag on a table inside Fogle's home on Tuesday

Gathered: Reporters with cameras gather outside the home of Jared Fogle on Tuesday, as investigators carried out their search

Erasing: Subway scrubbed this page about Fogle from their website amid the investigation Tuesday morning

Fogle had been a spokesman for the company for 15 years, after losing more than 200 pounds on an all-Subway diet.

But his long history with the fast-food chain is now being erased from the company's website, in light of the investigation.

A section of the site called 'Jared's Journey' with information on his weight loss now links back to the home page.

Investigators with the FBI, State Police and Postal Service were seen working all morning, bringing computer hard-drives and over electronics out of the home and into a waiting police trailer for analysis.

Postal Service investigators are called in when illegal actions involve items sent through the mail.

In video taken at the scene, Fogle was seen stepping out of a police trailer parked in his driveway and then leading two other men back into his house.

An FBI spokesman confirmed that the agency is conducting a criminal investigation in the area, but would not comment further on the search.

However, law enforcement sources confirmed to CBS News that Fogle is indeed a suspect in a child pornography investigation.

Covered up: Fogle donned a blue rain jacket to shield himself from the rain and reporter's cameras when he later left the home in a waiting car

Detained: Video taken at Fogle's house Tuesday morning shows him stepping out of a police van parked in his driveway

Secrets? The 37-year-old is then seen leading two other men back into the house. Authorities say Fogle was detained outside of the home this morning, but was not arrested

Sweeping the premises: Federal authorities walk outside of the home of Subway restaurant spokesman Jared Fogle on Tuesday

Looking for evidence: FBI agents and Indiana State Police have removed electronics from the property

Connection? The raid on Tuesday comes more than a month after the executive director of Fogle's childhood obesity charity - the Jared Foundation - was arrested on child pornography charges

Fogle became a household name in the the late 1990s, when he lost 245 pounds eating an all-Subway diet and started working as a spokesman for the company.

In his famous Subway advertisements, Fogle would hold up a pair of his old 62-inch jeans to show how he lost more than half of his body mass. He is worth a reported $15million, according to CelebrityNetWorth.com, and has a 'black card' that gets him free food at Subway restaurants.

Rotten ranks: The Jared Foundation cut ties with former executive director Russell Taylor (pictured) when investigators found more than 400 child pornography videos at his house two months ago

The company issued a statement Tuesday afternoon, saying: 'We are shocked about the news and believe it is related to a prior investigation of a former Jared Foundation employee. We are very concerned and will be monitoring the situation closely. We don’t have any more details at this point.'

Fogle's attorney Ron Elberger also confirmed the FBI search, saying 'Jared has been cooperating with law enforcement in its investigation of certain unspecified activities and looks forward to its conclusion.'

The raid on Tuesday comes more than a month after the executive director of Fogle's childhood obesity charity - the Jared Foundation - was arrested on child pornography charges.

Russell Taylor, 43, was arrested in May on seven counts of production of child pornography and one count of possession of child pornography

It's unclear if the Tuesday raid on Fogle's home was in any way related to Taylor's arrest.

Authorities first started investigating Taylor after receiving a tip from a woman who had been exchanging sexual text messages with the suspect.

She became concerned and called police after Taylor sent her a message, asking if she wanted to see pictures of young girls.

A subsequent search of Taylor's home in Indianapolis turned up more than 400 videos with child pornography, stored on computers and other devices in the home office.

Four minors have been identified as victims in the case, according to court documents.

Following Taylor's arrest, the Jared Foundation cut all ties with the former executive director and Fogle issued a statement saying he was 'shocked' by the allegations.

Following his arrest, Taylor was formally charged in court on May 4 and held at the Marion County jail.

Weight-loss icon: Fogle became the face for Subway in the late 1990s, after losing some 245 pounds eating nothing but their sandwiches

He attempted suicide while behind bars on May 6, but survived and was rushed to an Indianapolis area hospital to be put on life support.

Tim Horty, a spokesman for the U.S. attorney's office, told the Indiana Star on Tuesday that Taylor's health is improving and he is in the custody of the U.S. Marshals.

Fogle above in his senior year high school portrait. He graduated from North Central High School in Indianapolis, Indiana in 1995

Fogle was a 425-pound freshman at Indiana University when he decided to try a diet of all Subway sandwiches. He would eat one 6-inch Turkey sub and one foot-long veggie sub every day and lost 84 pounds in the first three months.

When his roommate, Ryan Coleman, wrote an article for the student newspaper about the unusual weight loss program, Subway reached out to Fogle to become a spokesman for the company.

Prior to his suspension from the company on Tuesday, Fogle continued to speak on Subway's behalf and had taped more than 300 Subway commercials.

As news broke of the FBI sweep of Fogle's home Tuesday morning, a rumor about the Subway guy's past resurfaced.

In 2007, a source told Best Week Ever that Fogle used to run a black market porn video rental business out of his dorm room, while he was a student at Indiana University.

According to the source, the porn collection was 'vast and extensive' and something Fogle took 'pretty seriously' - charging fellow students a dollar a day to rent them.

The source also claimed that Fogle's legendary Subway diet stemmed from his 'extreme laziness' and the need to man his the porn business in his room.

Humble abode: Fogle's home in Zionsville, a suburb of Indianapolis, is worth an estimated $536,000, according to Boone County records.

Subway allegedly opened a branch in his building and it was 'the closest fast food available'.

At the time the report was published in 2007, Subway reps told TMZ that they had no knowledge of the story.

Fogle was married to pediatric nurse Elizabeth Christie from 2001 until 2007. In 2009, he started dating teacher Katie McLaughlin, who he married the following year.

Since losing more than 200 pounds in college, Fogle had maintained a weight of about 190 pounds. But in the lead up to his wedding, People magazine reported that his weight had gone up to 231 pounds.

Fogle attributed the weight loss to reverting to 'old habits' like eating a whole steak instead of half or using full-fat dressing on his salads.

At the time, the told the magazine that he was determined to get back down to 200 pounds for his wedding by going back to his diet and working out four times a week.