Justice G Sridevi of the Telangana High Court on Friday granted conditional anticipatory bail to TV9 ex-CEO Ravi Prakash, who had questioned the FIR against him in Cyberabad Crime Police Station, Hyderabad. Alanda Media had alleged that Ravi Prakash fabricated documents and material for
appointing directors and that he tried to sell the logo of TV9 at a very low price. It is also alleged that he transferred his shares to actor Shivaji, playing fraud with Alanda Media. After a detailed hearing of both sides, the judge granted bail.