DENGFENG, China — Incense drifting through ancient cedars. Saffron-robed monks, limbs a blur of movement, making quick work of imagined enemies. The boing of a giant bronze bell calling the faithful to prayer.

This is the scene at the fabled Shaolin Temple, a cradle of kung fu and Zen Buddhism nestled in the forests of the central Chinese province of Henan, where legend has it monks have trained in martial arts for centuries. But in recent days, another sound has been wafting across its hallowed grounds: the snickering of tourists trading the latest news about the abbot of Shaolin and his reportedly less than virtuous ways.

Over the past week, much of the nation has been transfixed by salacious allegations that the famed abbot, Shi Yongxin, known as China’s C.E.O. Monk for transforming Shaolin into a global commercial empire, is a swindler and serial philanderer who secretly fathered children with two of his lovers, vows of celibacy notwithstanding.

The accusations — new tidbits have appeared almost daily in the Chinese news media — are mostly based on documents released by a self-described former monk at the temple who says the abbot owns a small fleet of fancy cars, has embezzled millions of dollars from a temple-run corporation and has funneled some of the cash to a mistress now living in Australia.