Karim Morani, who has been sent to Tihar jail on Monday, May 30, is believed to be a close friend of the Badshah Khan. Speculation on Shahrukh's 2G connection was fueled up when reports showed that Morani's daughter Zoa debuted in the movie, Always Kabhi Kabhi, produced by Shahrukh's Redchillies.
The top equity holders of IPL team - Kolkata Knight Riders (KKR) also refused any Morani connection with his IPL team.
The Delhi High Court on May 30 rejected the bail plea of Karim Morani, the owner of Cineyug Films Pvt Ltd. Morani had been accused of accepting Rs 6 crore kickbacks for assisting the Rs 200 crore transaction from DB Realty to Kalaignar TV. His earlier anticipatory bail plea on medical grounds was rejected by the special court on May 23.