The Assembly Speaker was impeached on Monday during a special sitting, with details still sketchy as at press time.
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This followed a resolution of the House at plenary, which was presided over by Speaker Paul Emeziem (APC-Onuimo).
Muruako specifically called on the Imo State Government to expedite action in enacting the fiscal framework bill.
Its chairman, Chief David Mbachu, made the call in a statement issued to the News Agency of Nigeria in Lagos on Monday in which he said the release of the lawmaker was necessary to avert a breakdown of law and order.
He was impeached during a special sitting of the House presided over by the Deputy Speaker, Amarachi Iwuanyanwu (APC-Nwangele).