The first mention of this deity under the name Malai Kuniya Ninra Perumal is found in an epigraph about the year 1339A.D. The idol is in a standing pose and a replica of Dhruva Bera. This image has a very rich treasury of precious gems and jewels made of platinum and gold. There is a legend that on one occasion during the Brahmotsava, a procession was going round the streets, when a fire broke out in the village, which destroyed the houses. The archakas and devotees did not know how this disaster happened. When sincere prayers were offered, God spoke through a man, and stated that times have changed, and the old Ugra Srinivasa who was then the Utsava murti should no longer be used as processional deity, and that in the glades of the mountain another murti would be found, and only he should be used for this purpose.
Tradition is that the new murti with consorts was found at a place where the hill bowed very low, and hence he was called as Malai Kuninya Ninra Perumal. This long name got shortened into Malayappan in course of time. The glade where he is said to have been found is still known as Malayappan Konai.The idol is about 3ft height and stands on a lotus pedestal platform about 14″ high. To the right is Sridevi and to the left is Bhudevi about 30″ ht pedestal being 4″.