Tennessee has backed out of a memorandum of understanding with Ohio State defensive coordinator Greg Schiano to be the Volunteers' next football coach, sources told ESPN's Chris Low.

The memorandum of understanding was signed by both parties Sunday in Columbus, Ohio. Tennessee had planned to introduce Schiano at a news conference Sunday night.

But when news broke that Tennessee was close to finalizing a deal with Schiano earlier Sunday, there was public outcry among Tennessee fans, with people citing his alleged connection to the Jerry Sandusky era at Penn State.

About 100 people gathered on Tennessee's campus to protest a potential Schiano hire, with many of them holding signs with various messages such as "Schia-NO.''

At a rock on campus where students often paint various messages, the words "Schiano covered up child rape at Penn State'' appeared Sunday.

Schiano, Urban Meyer's defensive coordinator at Ohio State for the past two seasons, and Tom Bradley, defensive coordinator under recently fired UCLA coach Jim Mora, were both Penn State assistants under Joe Paterno during Sandusky's tenure.