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The accused Soji is in police custody.
A Special Court for Elected Representatives on Monday granted bail to him.
As per national media reports, the accused is B C Mohammed of Kannur. The incident happened on May 9.
Najmi shared that Binu took him to a rented quarter, threatened him at gunpoint, and forced him onto a motorbike.
The squad seized 616 grams of MDMA, Rs. 72,500, and their mobile phones too.
The gold was worth Rs 56 lakhs.
Krishnakumar suspected that his political opponents had attacked him with a "strong weapon."
The former clerk and accountant were arrested for embezzling over Rs 15 lakh.
The accused Madhusoothanan stole four sovereigns of gold and Rs 25,000 cash.
The CBI produced her before the court on expiry of the three-day police custody.