Mumbai: Dreaded underworld don Dawood Ibrahim's brother - Iqbal Kaskar, who was lodged in judicial custody - was on Monday granted bail by Mumbai Sessions Court.
Kaskar was granted bail on the surity of Rs 50,000.
A magistrate's court had on Friday remanded him in judicial custody till February 20.
He was arrested on February 3 in connection with an extortion case registered with J J Marg police station in central Mumbai.
The police had sought further remand of Kaskar on the ground that they wanted to investigate his connections with Dawood and the latter's involvement in the case.
However, the magistrate rejected the remand application after Kaskar's lawyer argued that further custody was not required.
He was arrested after a complaint was filed by real estate agent Mohammed Salim Sheikh alleging that Kaskar and his men had thrashed him and demanded Rs 3 lakh.
Kaskar and two others were booked under sections 385 (extortion), 323 (causing hurt) and 34 (common intention) of the Indian Penal code.
Kaskar was deported to India from the United Arab Emirates in 2003 as he was wanted in a murder case and the Sara Sahara illegal construction case. However, he was acquitted in both the cases in 2007.