The Kerala High Court has rejected an anticipatory bail plea of Aneesh Babu, a cashew dealer who had been accused of cheating multiple people of around ₹25 crore and also money laundering.
He reportedly promised to deliver imported cashew. The Enforcement Directorate (ED) had charged him with offences under multiple Sections of the IPC and also under the Prevention of Money Laundering Act (PMLA).
A Bench of Justice Kauser Edappagath recently dismissed his bail plea, observing that prima facie, a case of money laundering had been made out against him and hence his custodial interrogation was needed. The court also considered that the probe was in a crucial stage.
Mr. Babu approached the High Court after the Sessions Court dismissed his bail plea. He contended that he was innocent, and that cases were registered against him after he complained of ‘corruption’ by an ED official.
Published – November 26, 2025 08:43 pm IST
