Wood, 46, was stood down from the company bearing his name, 28 by Sam Wood, on Monday and officially terminated by its owner, DBG Health, on Tuesday. The parent company shared a statement on Tuesday afternoon confirming it had 'ended its commercial arrangements with Sam Wood, effective immediately'.  'Yesterday DBG Health announced Mr Wood had been placed on indefinite leave,' the statement said. 'As a result of further considerations, DBG Health has now terminated all arrangements.' DBG Health indicated the company will be renamed to 28. The 46-year-old fitness guru was arrested on Saturday night and is being held at Maroochydore Watchhouse on Queensland's Sunshine Coast - a short-term holding facility for people awaiting processing or their first court appearance. Inside, the conditions are stark. According to details published by The Daily Telegraph, standard cells contain little more than two concrete sleeping platforms fitted with thin mattresses, along with basic bedding. A toile...