Vinod Mulchandani, who was nabbed yesterday, was produced before Metropolitan Magistrate K S Trivedi by the crime branch, which sought his custody for five days.
His lawyer, Chetan Raval argued that police had registered a case against Mulchandani for 'cheating by impersonation' (section 419 of Indian Penal Code) which is a bailable offence.
Police contended that as Mulchandani was using someone else's SIM card to accept bets, they had to find out in whose name the SIM was issued, and who else were involved. But after the court rejected the remand application, Mulchandani moved bail plea, which was granted.
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