Nishantha Dhanasinghe, the commissioner general of prisons said the Department of Fisheries had instructed for the release of the fishermen who were arrested during different time periods.
Dhanasinghe said 44 of them had already been released by the northern courts in Jaffna and Mannar in Sri Lanka's northern province.
"They will be handed over to the Indian High Commission," Dhanasinghe said.
Sri Lanka Fisheries Minister Mahinda Amaraweera said the decision had been taken to release the Indian fishermen without their equipment.
On March 8, Sri Lanka and India had agreed to release fishermen held in each other's custody after a high-level discussion between the two sides in Colombo in a bid to defuse the tension following the killing of an Indian fisherman.
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