Owner of Burned Store Still Being Investigated : Arson: Authorities say he cannot yet be ruled out as a suspect. Arraignment is delayed for a man who already has been arrested.

Thousand Oaks businessman Myron Cohen-Ross is still under investigation as a suspect in the fire that destroyed his comic-book store two months ago, a sheriff’s official said Friday.

Law enforcement officials have refused to rule out the possibility of his involvement in the fire, and Cohen-Ross said he resents the continuing thrust of their arson investigation.

“It’s ludicrous. Why would I do it? I’ve lost so much,” Cohen-Ross said at his Heroes and Legends comic-book store in Agoura Hills.

“I don’t have anything to worry about,” he added. “I just want to put this all behind me.”

The 59-year-old businessman’s statements came as investigators postponed the arraignment of Christopher David Nagano, a 20-year-old Moorpark College student who was arrested Wednesday in connection with the Sept. 18 fire at Cohen-Ross’ Thousand Oaks store, also called Heroes and Legends.

Before it was set afire, the store was spray-painted with swastikas, “SS” and the words Die Jew.

The anti-Semitic scrawlings led many in the Thousand Oaks community to view it as a hate crime, but investigators have also been exploring possible economic motives for the fire.

The arraignment of Nagano, described by investigators as only one of several suspects in the case, was postponed Friday because the district attorney’s office has not yet filed charges against him pending conclusion of the investigation. Nagano remained in Ventura County Jail on $500,000 bail.

Investigators refused to release information about other suspects.

But Ventura County Sheriff’s Sgt. Kitty Hoberg said Friday that investigators cannot rule out Cohen-Ross as a suspect at this time.

Investigators have spent two months trying to unravel the motive behind the incident. Nagano’s arrest came earlier this week after an informant’s tip, Hoberg said.

Although investigators said last month that they were also looking into the possibility that the fire might have been a case of arson-for-profit, the community has continued to rally around Cohen-Ross in an effort to help him rebuild.