Businessman Nimmagadda Prasad who has lot of faith on Shirdi sai Baba asked hero Nagarjuna to get the prasadam from shirdi with a hope he might get a bail at least this attempt But, Even after receiving the prasadam and viboodhi from Nargarjuna his fate seems unchanged.
The Principal Special CBI here today rejected the bail petition of industrialist Nimmagadda Prasad, an accused in the disproportionate assets case against YSR Congress party President Y S Jaganmohan Reddy. Judge U Durga Prasada Rao, who reserved orders on July 20, dismissed the petition after hearing the arguments from both sides. Mr Prasad was currently lodged in Chanchalguda Jail here. Opposing the bail, CBI Counsel B Ravindranath observed that sanctioning of bail to Nimmagadda Prasad at this crucial phase would impede the investigation and he might tamper with the evidence by influencing the witnesses.