After 16 months, YSR Congress chief Jagan Reddy walks out of jail (Update:Jagan)

Hyderabad, Sept 24 (ANI): YSR Congress chief Y.S. Jaganmohan Reddy walked out of the Chanchalguda Central Prison in Hyderabad on Tuesday, after being granted bail in a disproportionate assets case a day before.

Thousands of supporters and party workers gathered outside the jail to greet their leader.

Jagan Reddy, who was arrested on 27th May last year by the Central Bureau of Investigation (CBI), spent 16 months in jail on corruption charges.

The CBI has accused Reddy of getting huge investments from various individuals and firms into his businesses as quid pro quo for the favours granted by the Andhra Pradesh Government that was headed by his father and former chief minister Y S Rajasekhara Reddy before his death in a helicopter crash in September 2009. (ANI)