Mining baron Janardhan Reddy, who was arrested by the Bengaluru Central Crime Branch on Sunday in connection with a bribery case, has been sent to judicial custody till November 24.
RP Chandrashekhar, counsel of Janardhan Reddy told the media, "Today Janardhan Reddy was produced before the Judge & the Court was pleased to accept our bail application on record. Judge has granted time till tomorrow to file objection on the main bail application & the application will be taken tomorrow."
Reddy, a former Bharatiya Janata Party (BJP) minister, was arrested on charges of bribery earlier today in a case allegedly involving Ambident Group. He is suspected to have received 57 kg gold worth Rs 18 crore to help an accused in a case being investigated by the Enforcement Directorate (ED).
The arrest comes a day after Reddy appeared before the investigating agency after his anticipatory bail was rejected by the court. Police said he was interrogated till late night on Saturday.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%