YSR Congress leader Jagan Mohan Reddy has been granted bail after 16 months in jail in connection with corruption charges.
Mr Reddy was arrested by the CBI on May 27 last year on charges of accumulating assets beyond his known sources of income. The central agency has so far filed 10 charge sheets against Jagan and others in the case and five of these were filed this month itself.
The court today granted the YSR Congress MP a reprieve on condition that he couldn't leave Hyderabad.
The case relates to alleged investments made by private firms and individual investors in Mr Reddy's companies as a quid pro quo for government favours when his father, late YS Rajasekhara Reddy was Andhra Pradesh Chief Minister.
Two ministers had quit in May after being named accused in previous chargesheets filed in the case.
The Supreme Court on May 9 this year had said that Mr Reddy can apply for bail after the final chargesheets are filed in the case.
