TVS group chairman Venu Srinivasan gets bail
Tamil Nadu

TVS group chairman Venu Srinivasan gets bail

A special bench of the Madras High Court on Friday granted anticipatory bail TVS Motor Company chairman Venu Srinivasan and ordered that he should not be arrested for six weeks in an idol theft case registered against him.

The special bench of Justice R Mahadevan and P D Audikesavalu passed this order after Venu Srinivasan said he apprehended arrest as an FIR had been registered against him in connection with the theft of an idol from the Mylapore temple.

Venu, who is associated with committees formed for the renovation of the Sri Ranganathar temple in Srirangam and Sri Kapaleswarar temple in Mylapore, Chennai, said the Mylapore police had registered an FIR against him in connection the theft of an idol from the Mylapore temple.

He said he had been included as a respondent in a petition filed by advocate Elephant Rajendran challenging the transfer of the idol theft cases to the CBI and that the FIR registered by the Mylapore police had since been transferred to the Idol Wing headed by Inspector-General of Police Pon Manickevel.

He said as chairman of the board of trustees of the Srirangam temple, he had spent Rs 25 crore from his pocket on the consecration of the temple. He also spent Rs 70 lakhs on Mylapore temple.

Srinivasan said a private trust funded by him and by his company had undertaken renovation of 100 temples in Tamil Nadu. Kerala and Karnataka. Meanwhile, the Government on Thursday sought one week time to file a counter to a petition filed by Rajendran challenging the transfer of the idol theft cases to the CBI and the bench adjourned the hearing to Aug 16.

The GO was issued after Pon Manickevel arrested Hindu Religious and Charitable Endowments department’s additional commissioner M Kavitha on Aug 5 on charge of misappropriation of gold and funds collected for making two idols at Sri Ekambareswarar temple in Kancheepuram.

The bench has already stayed the GO as illegal as the issue is pending before court.