New Delhi, Jan. 10 -- Holding that further incarceration would serve no useful purpose as all material evidence is already in the custody of the investigating agency, a Delhi court has granted bail to Binu Vidhyadharan, an area sales manager of a telecom company, in a SIM sale scam case being probed by the Central Bureau of Investigation (CBI).

The court dismissed the CBI's plea seeking his judicial custody for 14 days and directed his release on bail upon furnishing a personal bond of Rs 5 lakh with one surety of the like amount, subject to stringent conditions.

The order was passed by Additional Chief Judicial Magistrate Jyoti Maheshwari of the Rouse Avenue Courts while deciding two applications together, one moved by the CBI seeking ...