New Delhi: The Supreme Court on Friday cancelled the parole of Sahara chief Subrata Roy and two other directors and directed to take them into custody.
A bench headed by Chief Justice T.S. Thakur cancelled the “interim arrangements” of granting him parole after market regulator SEBI’s counsel Pratap Venugopal told the bench that all the properties given by Sahara to the market regulator were already under attachment by Income Tax authorities.

Apparantly annoyed over this, the Chief Justice immediately ordered the cancellation of parole and directed Roy and the two other directors to be taken into custody and they will remain so till october 3 when the matter will again be taken up for hearing.

Roy had been granted parole when his mother died in May this year, and it had been extended several times since, the last for a week on September 16.

The Supreme Court had ordered Sahara in August 2012 to deposit with capital market Sebi over Rs 24,000 crore collected from nearly three crore investors through issuance of certain bonds.