Bengaluru, April 23 -- The Karnataka high court on Tuesday reserved orders on the bail applications filed by Kannada actor Ranya Rao, and her friend and co-accused, Tarun Konduru Raju, in an alleged case of gold smuggling.

Justice S Vishwajith Shetty reserved the orders after hearing extensive arguments from both sides.

While Rao, through her counsel Sandesh Chouta, has maintained that she has been "falsely implicated in the case," advocate Madhukar N Rao, the senior advocate representing the Directorate of Revenue Intelligence (DRI), the prosecuting agency in the case, opposed the bail plea filed by Rao as well Raju.

The DRI counsel told the court that the agency's investigation so far revealed that 100kg of gold had been smuggled by ...