India, March 26 -- Observing that custodial detention cannot be insisted upon when the agency chose not to arrest him during the investigation, a special Central Bureau of Investigation (CBI) court on Tuesday granted bail to an accused in the Rs.916-crore IDBI Bank fraud case.

Special Judge V P Desai granted bail to Rajendra Srinath Chaturvedi, noting that the probe agency had filed a supplementary chargesheet and secured his presence through summons without seeking his arrest.

The court held that once the investigation is complete and the accused was not arrested during the probe, continued insistence on custody at the post-cognisance stage would be unjustified.

It also cited parity with the prime accused Vinod Chaturvedi, who has alr...