New Delhi: The licensing branch of Delhi Police on Tuesday suspended the arms license of businessman Navneet Kalra, accused in a case relating to the alleged hoarding of oxygen concentrators in South Delhi.
The Delhi Police said that the cancellation process has been started.
Earlier on Saturday, a Delhi court granted bail to Kalra. Chief Metropolitan Magistrate Arun Kumar Garg granted the bail on conditions and on furnishing of a personal bond and two sureties of Rs 1 lakh each.
Kalra was arrested in the case on May 17 after the Delhi Police registered a case under various offences related to cheating, disobedience to order promulgated by a public servant, criminal conspiracy, and violating provisions of Essential Commodities Act, 1955 followed by the seizing of oxygen concentrators from restaurants in South Delhi.
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On May 7, the Delhi Police had busted an oxygen concentrator black-marketing racket during a raid and recovered 105 such concentrators from two upscale restaurants in the city's Khan Market area. The two restaurants - Khan Chacha and Town Hall are owned by Kalra.
Read: Court grants bail to businessman Navneet Kalra in oxygen concentrator black-marketing case
Read: Kalra committed white-collar crime: Delhi Police to court in O2 concentrator black marketing case
(ANI)