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Additional Civil and Sessions Court Judge and CBI special court judge B M Angadi passed the order after CBI moved an application seeking extension of custody.
Associated Mining Corporation and Deccan Mining Syndicate owned by Reddy and his wife Aruna Lakshmi have been facing probe over charges of illegal mining.
Reddy and Khan, lodged in Bangalore central prison, were produced in court via video-conferencing. Meanwhile, hearing on bail pleas of Reddy and Khan was fixed for April 17 by the Judge.