Jab We Met producer Raj Mehta released from jail after 6.5 years on conditional bail

Ashtavinayak’s head honcho and producer Raj Mehta and son Dhillin Mehta who were jailed back in April 2015 in a money laundering case has got bail after 6.5 years. The duo were reportedly put behind bars for cheating shareholders and laundering funds to the tune of Rs 824.68 crore. According to a report in ETimes, he will be released from jail either on Wednesday evening or on Thursday. Sources revealed to the portal, that the bail order was issued on Tuesday evening. However, there is no clarity on Dhillin Mehta's bail.  

According to a report in India Legal Live, "Dhilin Mehta had incorporated various sham companies, entered into bogus agreements and then transferred funds to overseas subsidiary companies, which were found misappropriated to the tune of Rs 824.68 crore and had thereby cheated shareholders. "The bail to producer Raj Mehta was granted on the grounds that there is no likelihood of completion of trial in a reasonable time. The bail has been granted on the conditions that Raj Mehta has required to surrender his passport, report to the local police regularly and attend the trial proceedings against him on every occasion the court asks to be present before it. Raj Mehta and son Dhillin Mehta have produced several Bollywood films such as Jab We Met  the Golmaal series, Rockstar, Dabbang and Bol Bachchan among many others.