A Mumbai court granted bail to Sheetal Mafatlal on Tuesday on a surety of Rs 5 lakh but she has to appear before the police every Monday and Thursday.
Her lawyer had asked for bail saying Sheetal has no other case against her and is willing to pay duty if there was a violation.
The well-known socialite whose family owned the Mafatlal industrial empire had been sent to judicial custody till June 12 after being detained at Mumbai international airport.
She was allegedly carrying jewellery and diamonds worth Rs 80 lakh and was booked under the Indian Customs Act.
Sources say the tip-off against Sheetal came from within the family. The Mafatlal family feud is well-known -- Sheetal and her husband Atulya on one side, Atulya's mother and brother on the other. They are fighting over a multi-crore home.
Both warring sides of this prominent textile family share an apartment in Mumbai's upscale Altamont Road. The Mafatlals are an old industrial family with over 100 years of business presence in textiles and chemicals.
When Sheetal Bhagat married the Mafatlal heir, Atulya, she was a model and socialite who worked in her father's business.
Sheetal's stash:
- Diamond-studded earrings: Rs 4.22 lakh
- Diamond, pink stones studded gold bracelet: Rs 2.49 lakh
- Pair of diamond, ruby studded brooches: Rs 2.19 lakh
- Diamond-studded gold ring: Rs 2.16 lakh
- Diamond-studded gold bracelet: Rs 2.02 lakh
- Diamond-studded pendant: Rs 1.99 lakh
- Diamond, coral studded gold bracelet: Rs 1.92 lakh
- Diamond, ruby studded gold brooch: Rs 1.91 lakh
