Mumbai: A local court on Saturday granted bail to gangster-turned-builder Ashwin Naik in connection with an extortion case.
This is the third case in which Naik was granted bail. He was given bail in an extortion case and an anticipatory bail in another one earlier. This has paved a way for his release.
Joint Commissioner of Police (Crime) Himanshu Roy confirmed the development.
Naik`s lawyer Bharat Mane said he was released on a bond of Rs 25,000.
In the first case, which was registered at N M Joshi Marg Police Station, the sessions court had granted Naik anticipatory bail on June 6. It was a case of extortion registered against him by a BMC contractor.
After he was granted anticipatory bail, the Crime Branch had arrested him in another extortion case and on June 18, he was arrested in third extortion case.