The Karnataka High Court has ordered the release of Gameskraft founders Deepak Singh, Vikas Taneja, and Prithviraj Singh, terming their arrest by the Directorate of Enforcement (ED) as illegal.
Justice M Nagaprasanna held that the arrests were contrary to law and directed their release from judicial custody.
The Court had reserved orders on June 8 on petitions filed by the three founders seeking the quashing of three Enforcement Case Information Reports (ECIRs) arising from predicate offences registered in Telangana between January and February this year.
The ED had registered a fresh ECIR based on the Telangana cases and arrested the founders on May 7, but the petitioners contended that the agency had relied on substantially the same material that formed the basis of the earlier, stayed ECIR.
A detailed order of the High Court is awaited.