Srinagar, Nov. 27 -- The High Court of J&K and Ladakh on Wednesday granted bail to a Tamil Nadu resident accused of duping an army officer of Rs one crore by "posing" as a prominent businessman, financer and co-producer of the super-duper hit film 'Baahubali', besides boasting of high-level connections in Parliament and Rashtrapati Bhavan.

Justice Sanjaj Dhar while allowing bail plea of the 35-year-old, Nagraj Vm allegedly involved in financial scams in Tamil Nadu besides "grabbing" crores of rupees from film producers, directors and medical students and others, said ".in the absence of any statutory bar to grant of bail in economic offence of the present nature, declining bail to the petitioner on the said ground would not be legally pe...