April 16, 2026 12:30 am (IST)
Follow us:
Mining baron Sekhar Reddy gets conditional bail
Chennai, May 12 (IBNS) : The Madras High Court on Friday granted bail to mining baron Sekhar Reddy and two of his accomplices , who were arrested after the Enforcement Directorate recovered Rs. 32 crore in new 2000-rupee notes post demonetisation, reports said.
Reddy, Srinivas and Prem Kumar were asked to pay Rs. ten lakh and produce two sureties of Rs. five lakh each for conditional bail.
The High Court asked them to stay in Delhi and appear before ED officials on daily basis.
The trio was accused of money laundering.
Image: Wikimedia Commons
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Centre to table Delimitation Bill 2026, lays framework for PoK seats if territory returns
Wed, Apr 15 2026
Raghav Chadha gets 'Z' security from Centre after AAP govt in Punjab withdraws 'Z+' cover
Wed, Apr 15 2026
Viral reel saves woman’s life after boat mishap in Vrindavan—Internet demands to see it
Wed, Apr 15 2026
Bengal polls: 2,407 companies of central forces will be deployed in April 23 phase 1
Wed, Apr 15 2026
‘We are surprised’: SC stays Pawan Khera’s bail over remarks on Himanta Biswa Sarma’s wife
Wed, Apr 15 2026