After arrest, Janardhan Reddy was produced before the magistrate at his house in Koramangala, Bengaluru. Magistrate refused bail plea by Reddy's lawyer and remanded him to judicial custody till November 24.
Bengaluru: Mining baron of Ballari, Janardhan Reddy, has been remanded to judicial custody by magistrate Jagadish in the Ambidant Ponzi scam case.
Janardhan Reddy has been remanded to judicial custody till November 24 and will be shifted to Parappana Agrahara Central Jail in Bengaluru.
Bengaluru 1 ACMM court rejected Reddy's bail plea. The judge Jagadish rejected plea for bail filed by Reddy’s lawyer Chandrashekhar. He asked Reddy to file for bail in the open court. Meanwhile, City Crime Branch (CCB) police decided not to seek Reddy's custody. The lawyer will file for bail plea tomorrow November 12) in the city civil court.
Reddy's lawyer Chandrashekhar expressed hope that he will be granted bail tomorrow itself.
Thus, this is Reddy's third stay in Parappana Agrahara jail.
Reddy will be given facilities of hot water and cot inside the jail. He will be put in the quarantine cell. He was placed in the same cell when he was jailed earlier in the illegal mining case.
In separate cases, Kannada actors Duniya Vijay and Darshan too were put in the quarantine cell after their arrest.
Janardhan reddy has been charged with bribing election directorate and demanding Rs 21 crore from the owner of Ambidant Marketing Company, Fareed, who is accused of cheating people to the tune of Rs 600 crore.
Last Updated Nov 11, 2018, 5:10 PM IST