Thanks.
Quite understandingly, it is not a virus and I can whitelist it in my computer.
I was only concerned about such warnings scaring potential users.
I had to disable the anti-virus, to prevent it from deleting the apk.
@CaptKronos
Before writing to the Anti-Virus Developer, out of curiosity, I uploaded the file to virustotal.com which declared " No engines detected this file ".
I will write to QuickHeal Anti-virus, the developers, to find out why it is throwing up that warning.