Chennai: Hearing the anticipatory bail plea of TVS Motor Company’s chairmanĀ VenuĀ Srinivasan today in an idol theft case, theĀ Madras High Court has granted a stay on his arrest for six weeks.
In his bail application, VenuĀ SrinivasanĀ cited a writ plea filed by advocate ‘Elephant’ GĀ RajendranĀ which refers to the FIR against him. VenuĀ SrinivasanĀ said he understood that an FIR was registered by theĀ MylaporeĀ police and it was later transferred to the CB-CID Idol Wing.
The FIR against the industrialist alleges that he replaced an antique peacock idol with a new one at the SriĀ KapaleeswararĀ temple here and it was registered on the complaint from a devoteeĀ RangarajanĀ Narasimhan,Ā RajendranĀ told PTI.
Asserting that he was innocent, VenuĀ SrinivasanĀ submitted that he had spent around Rs 70 lakh in 2004 from his personal funds for painting and flooring work at the SriĀ KapaleeswararĀ temple.
Though he was appointed a member of the government-constituted Temple Renovation Committee that year, the officials of the Hindu Religious and Charitable Endowments Department oversaw the renovation work, he said.
Beyond this, VenuĀ SrinivasanĀ said, he has no other connection with the temple except that he is also a devotee of LordĀ KapaleeswararĀ (Shiva). He claimed that as the chairman of the board of trustees ofĀ RanganathaswamyĀ Temple at Tiruchi, he spent nearly Rs 25 crore for its renovation in 2015.
A trust funded by him and his company had undertaken renovation work of over 100 temples in Tamilnadu,Ā KarnatakaĀ and Kerala, he submitted. In view of the serious allegations and the FIR against him, VenuĀ SrinivasanĀ said, he sought anticipatory bail.
According to reports, responding to the petition in court, the Idol Wing had also stated that it did to plan to arrest Venu Srinivasan for now.