India, April 19 -- In a major reprieve for businesswoman Sheetal Tejwani, arrested in connection with the high-profile Mundhwa Mahar Watan land fraud case, the Bombay High Court on Friday declared her arrest by Pune police in two FIRs illegal and ordered her release on bail.

Tejwani, 44, however, will not walk out of jail immediately, as the single-judge bench of Justice NJ Jamadar rejected her separate plea seeking similar relief in a third FIR registered at Pimpri police station in 2019.

Tejwani is facing three criminal cases registered by Pune police. Two of them, at Khadak and Bavdhan police stations, relate to the alleged illegal sale of 41 acres of state government land in Mundhwa. The case concerns Mahar Watan land, historically ...