B Ramalinga Raju and nine other convicts in the multi-million dollar Satyam scam were released from Charalapally Central jail on Wednesday after the bail orders reached the jail authorities.
A lower court in Hyderabad had suspended the 7-year sentence of Ramalinga Raju and 9 others and granted them bail after their petition challenging their conviction was admitted for hearing.
Ramalinga Raju, the disgraced founder and former chairman of Satyam Computers along with his brother Rama Raju and other associates was in jail since April 9 when they were found guilty by the CBI court.
M lakshman, special judge of economic offences court granted Raju brothers bail on personal bond of Rs1 lakh each and two sureties of the like sum. For others, the court fixed the personal bond of Rs50,000 and two sureties of like sum for their bail.