Metropolitan Magistrate Kishor Kumar granted relief to the politician on furnishing of a personal bond of Rs 50,000 and a surety of like amount.
Yadav had sought bail on the ground that other co-accused had already been granted the relief and the ingredient of section 384 (punishment for extortion) of IPC was not present.
Advocate Jitender Solanki, who appeared for the MLA, said no money transaction has come on record and no purpose would be served by keeping him custody.
It also said that he was an influential person and could tamper with evidence and influence witnesses and if granted the relief.
Delhi's Matiala legislator, who was brought by the police from Gujarat, was sent to judicial custody yesterday by the court which had declined the police application seeking five- day police custody.
Last month, two property dealers, Deepak Sharma and Rinku Diwan, had alleged that Satish and Devinder, who worked in Yadav's office, and an associate Jagdish were extorting money from them by threatening to get a building, where the property dealers were operating from, demolished.
Following this, a non-bailable warrant was issued against the MLA by a court here on October 14 for allegedly not joining probe.
Police had alleged that the MLA was arrested under charge of running an extortion racket and there was concrete evidence against him for his arrest.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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 →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
