P Krishnadas, Chairman and Managing Trustee of the Nehru College of Educational and Charitable Trust was questioned in connection with the case.
The Court while granting anticipatory bail to Krishnadas had directed him to surrender his passport and seek its permission to leave the state.
The court also barred his entry to the premises of Nehru College of Engineering and directed him not to interfere with its day-to-day affairs.
The arrest of the Chairman comes a day before the family members of Jishnu had planned to hold dharna in front of the DGP's office here.
The incident had triggered a series of protests across the state against managements of self financing colleges. PTI JRK
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