The court last month released on bail Jaganmohan Reddy, who spent nearly 16 months in jail. The court earlier this month also granted bail to Jaganmohan Reddy's aide Vijay Sai Reddy, Nimmagadda Prasad and bureaucrat K.V. Brahmananda Reddy.
The CBI has filed 10 charge sheets in various aspects of the case relating to quid pro quo investments. According to the investigating agency, the government of Rajasekhara Reddy (2004-09) granted undue favours to companies and individuals who invested in the businesses of his son.