Chit fund scam: Seashore chief Prashant Das released from jail

Bhubaneswar: Seashore Group CMD Prashant Das, who was arrested in connection with the multi-crore chit fund scam in the state, was released from the Jharpara circle jail after getting bail in eight cases.

Sources said Das, the main accused in the Seashore chit fund scam, was granted bail in cases registered against him by the CBI and at district level. He was released from the jail at around 1pm today.

Das's brother Pravat Das and middleman Subhankar Nayak, who were also arrested in this connection, have already been released from jail on bail earlier this year.

Prashant Das was arrested by state Crime Branch from Mumbai on June 20, 2013, before the case was handed over to the CBI following Supreme Court order. He had been lodged at Jharpara jail in Bhubaneswar since then.

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