Bhubaneswar: Mumbai-based model Preeti Bhatia, a co-accused in the multi-crore Artha Tatwa chit fund scam, was released from the Jharpada jail here on Saturday after supreme court granted her bail on Wednesday.
She walked out of the jail after depositing a bail bond of Rs 2 lakh in the CJM (CBI) court. Her mother Indrajeet Bhatia submitted documents of a fixed deposit of Rs 1 lakh and local security of land worth Rs 1 lakh in the court.
After the local Court and Orissa High Court denied bail to her she had moved the Supreme Court seeking bail.
Preeti was arrested by the Central Investigation Bureau (CBI) in October last year for her alleged complicity with the Artha Tatwa (AT) Group chit fund scam in Odisha and was lodged in Jharpada circle jail. She had been languishing in jail for a year.