The substance stanozolol, better known as winstrol, is the anabolic steroid that has been found in the 26-year-old discus thrower's doping test.
Therefore, she has been temporarily suspended during the investigation, the Athletics Ingrity Unit (AIU) announces, according to Indian Express.
The athlete has not yet responded to the allegations.
She is one of two Indian athletes who should have tested positive for illicit substances.
Who the other is is not yet announced.
Kamalpreet Kauur, the only Indian woman so far to have thrown over 65 meters, finished sixth at the Tokyo Olympics.
Same substance as Johnson
The substance she tested positive for has been illegal since 1974 and is one of the most common drugs when it comes to revealed doping cases.
The most famous case concerns the runner Ben Johnson, who lost the Olympic gold in the 100 meters from 1988.
According to Wada, India is the third most doped country in terms of number of cases, after Russia and Italy.
CLIP: When Ben Johnson went there for doping
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When Ben Johnson went there for doping