<p>Additional Chief Metropolitan Magistrate (ACMM) court has reserves bail orders in Janardhan Reddy case for tomorrow, news agency ANI reported.&nbsp;</p>

<p>Ballari mining baron Janardhan Reddy was arrested by Bengaluru Central Crime Branch, in connection with Ambident Group alleged bribery case, on Sunday and was sent to <a href="http://www.wionews.com/india-news/ponzi-scheme-case-ballari-mining-baron-janardhan-reddy-sent-to-judicial-custody-till-november-24-176663">judicial custody until November 24</a>.&nbsp;</p>

<p>Additional CP Crime Branch, Alok Kumar, stated that the arrest has been made on the basis of "credible evidence and witnesses' statements".&nbsp;</p>

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<p dir="ltr" lang="en"><a href="https://twitter.com/hashtag/Bengaluru?src=hash&amp;ref_src=twsrc%5Etfw">#Bengaluru</a>: Additional Chief Metropolitan Magistrate (ACMM) court reserves bail orders for tomorrow in Janardhan Reddy case. He was arrested by Bengaluru Central Crime Branch, in connection with Ambident Group alleged bribery case.</p>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1062267675567681536?ref_src=twsrc%5Etfw">November 13, 2018</a></blockquote>
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<p>"We will produce him before the magistrate. We are going to recover the money and give it to the investors," Kumar added.&nbsp;</p>

<p>The Central Crime Branch also arrested Ali Khan, Reddy's close aide.&nbsp;</p>


Additional Chief Metropolitan Magistrate (ACMM) court has reserves bail orders in Janardhan Reddy case for tomorrow, news agency ANI reported. Ballari mining baron Janardhan Reddy was arrested by Bengaluru Central Crime Branch, in connection with Ambident Group alleged bribery case, on Sunday and was sent to judicial custody until November 24.

Additional Chief Metropolitan Magistrate (ACMM) court has reserves bail orders in Janardhan Reddy case for tomorrow, news agency ANI reported. Ballari mining baron Janardhan Reddy was arrested by Bengaluru Central Crime Branch, in connection with Ambident Group alleged bribery case, on Sunday and was sent to judicial custody until November 24. Additional CP Crime Branch, Alok Kumar, stated that the arrest has been made on the basis of "credible evidence and witnesses' statements". #Bengaluru: Additional Chief Metropolitan Magistrate (ACMM) court reserves bail orders for tomorrow in Janardhan Reddy case. He was arrested by Bengaluru Central Crime Branch, in connection with Ambident Group alleged bribery case. — ANI (@ANI) November 13, 2018 × "We will produce him before the magistrate. We are going to recover the money and give it to the investors," Kumar added. The Central Crime Branch also arrested Ali Khan, Reddy's close aide.

Ponzi scheme case: Orders on Janardhan Reddy's bail plea reserved for Wednesday

<p>Ballari mining baron and former BJP minister G Janardhan Reddy was arrested Sunday by the Bengaluru Central Crime Branch.&nbsp;</p>

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<p dir="ltr" lang="en">We have taken the decision to arrest him on the basis of credible evidence and witnesses statements. We will produce him before the magistrate. We are going to recover the money &amp; give it to the investors: Alok Kumar, Additional CP, Central Crime Branch, <a href="https://twitter.com/hashtag/Bengaluru?src=hash&amp;ref_src=twsrc%5Etfw">#Bengaluru</a> <a href="https://t.co/0MvDauU8mO">pic.twitter.com/0MvDauU8mO</a></p>
— ANI (@ANI) <a href="https://twitter.com/ANI/status/1061529481012232192?ref_src=twsrc%5Etfw">November 11, 2018</a></blockquote>
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<p>ANI added that the Central Crime Branch had also arrested Ali Khan, a close aide of Reddy's.&nbsp;</p>

<p>Reddy was arrested in connection with the alleged Ambident ponzi scheme.&nbsp;</p>

<p>Syed Ahmed Fareed, the owner of Ambident, had claimed he had paid Rs 18 crore to be let off when the ponzi scheme came to light. Fareed said Reddy, who had been a minister in the then BS Yeddyurappa government, had asked for the money during a meeting at a hotel.&nbsp;</p>

<p>Fareed said the money had been paid; that it had been routed to Reddy's aide.&nbsp;</p>

<p>Reddy and two brothers wield enormous influence in Ballari.&nbsp;</p>

<p>Janardhan Reddy himself had been disowned by Amit Shah during campaigning for the assembly elections held in the state in May this year.&nbsp;</p>

<p>But his two brother — Gali Karunakara Reddy and Gali Somashekhara Reddy — were given tickets by the party.</p>

<p>Last week, the BJP lost the Lok Sabha byelections from Ballari.&nbsp;</p>


Ballari mining baron and former BJP minister G Janardhan Reddy was arrested Sunday by the Bengaluru Central Crime Branch. We have taken the decision to arrest him on the basis of credible evidence and witnesses statements.

Ballari mining baron and former BJP minister G Janardhan Reddy was arrested Sunday by the Bengaluru Central Crime Branch. We have taken the decision to arrest him on the basis of credible evidence and witnesses statements. We will produce him before the magistrate. We are going to recover the money & give it to the investors: Alok Kumar, Additional CP, Central Crime Branch, #Bengaluru pic.twitter.com/0MvDauU8mO — ANI (@ANI) November 11, 2018 × ANI added that the Central Crime Branch had also arrested Ali Khan, a close aide of Reddy's. Reddy was arrested in connection with the alleged Ambident ponzi scheme. Syed Ahmed Fareed, the owner of Ambident, had claimed he had paid Rs 18 crore to be let off when the ponzi scheme came to light. Fareed said Reddy, who had been a minister in the then BS Yeddyurappa government, had asked for the money during a meeting at a hotel. Fareed said the money had been paid; that it had been routed to Reddy's aide. Reddy and two brothers wield enormous influence in Ballari. Janardhan Reddy himself had been disowned by Amit Shah during campaigning for the assembly elections held in the state in May this year. But his two brother — Gali Karunakara Reddy and Gali Somashekhara Reddy — were given tickets by the party. Last week, the BJP lost the Lok Sabha byelections from Ballari.

Ballari mining baron Janardhan Reddy arrested in Bengaluru in connection with ponzi scheme

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Ponzi scheme case: Orders on Janardhan Reddy's bail plea reserved for Wednesday

Ballari mining baron Janardhan Reddy arrested in Bengaluru in connection with ponzi scheme