Reddy and his close aide Mehfuz Ali Khan were produced before the court through video conferencing from Chanchalguda jail at Hyderabad where they have been lodged in connection with the Obulapuram Mining Company case.
However, the other three were produced through video conferencing from Parappana Agrahara jail on the city outskirts.
Judge Shreeshananda extended their judicial custody till February 2.
Bail pleas of the five accused had been rejected by the CBI court. Reddy subsequently moved the High Court for bail and his plea was also rejected.
The bail pleas of Khan, and three others have already been rejected by the High Court.
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