He also accused finance minister D Jayakumar of not disclosing the name of Sasikala when he announced the ouster of Dhinakaran and his family members from the party on Tuesday night.
Delhi police have filed bribery case against him.
The Crime Branch had recovered approximately Rs. 1.3 crore from Dinakaran's alleged middleman Sukesh Chandrashekhar.
An MLA from Sasikala camp, who was on board the INS Chennai, said there are likely to be formal meetings on the matter during the later part of the day.
"We are getting information that since he (Dhinakaran) was entangled in several cases, in order to free him, Sasikala's family has used them (Palaniswami camp)", he claimed.
The Panneerselvam camp will also be meeting to discuss the present political situation.
Meanwhile, reports emanating from the OPS camp said that they welcomed the decision to sack TTV and Sasikala from the AIADMK party.
His supporters, including senior leaders such as Nanjil Sampath and Tamil Magan Hussein, held discussions with him, though Dhinakaran chose not to meet waiting mediapersons despite initial indications that he would address them.
He reiterated that AIADMK founder and former Chief Minister M.G. Ramachandran and his successor Jayalalithaa led the party as a movement of cadres.
A day after some AIADMK ministers initiated unity talks with the Panneerselvam faction, the former Chief Minister made it clear that there can not be any unification if Sasikala and her family members remained party members. The way Sasikala brought back Dinakaran into the party and her own elevation as AIADMK general secretary. everything was unconstitutional, ' said Panneerselvam, who had revolted against Sasikala in February after stepping down from the CM's chair. Why should Thambidurai talk about Chief Minister post? "If an election had to happen then OPS will win".
When Sasikala tried to become Chief Minister, Mr Panneerselvam, who was head of the government, refused to quit.
The OPS team now claim that Dinakaran may have been ousted but Sasikala, her husband Natarajan and brother Dinakaran are the ones calling the shots.
He also said as everybody made a decision to keep him out of the party affairs, he has chose to stay out.
Sasikala family should be out of AIADMK for party unity: Former CM O. Pannerselvam!
Tamil Nadu ministers address the media after a meeting late on Monday to retrieve the two leaves symbol.
9 am IST: AIADMK Amma sources are being quoted by local news outlets as saying that the possibility of a change of chief minister has been ruled out.