The court rejected NIA's plea to stay the order, citing the length of time Babu had already spent behind bars and also that the trial was "not likely to complete soon."
Opposing the bail of Raut, the lawyer for the NIA in the absence of the Additional Solicitor General SV Raju (for the agency) submitted that the allegations against him are 'serious'.
Gaichor, who was granted three-day temporary bail by the HC on August 26 to visit his ailing father, was released from the Taloja jail in neighbouring Navi Mumbai on Wednesday night.
A bench of Justices M M Sundresh and Satish Chandra Sharma was hearing Raut's petition challenging his incarceration despite being granted bail by the Bombay High Court.
The top court is also expected to hear a petition filed by the National Investigation Agency (NIA) challenging the bail granted to activist Mahesh Raut.
On August 8, senior advocate Anand Grover mentioned the matter before CJI Gavai for an early hearing, citing his client Gadling's over six-year-long incarceration.
