The Kathmandu District Court on Monday extended the judicial remand of three people including industrialist Arun Chaudhary, who have been accused in the Bansbari Leather and Shoe Factory land scam, by two days.

The Central Investigation Bureau of Nepal Police on Thursday arrested Chaudhary, the chairman and managing director of CG Holdings, and two others associated with the alleged land scam. Arun is the brother of Nepal’s only dollar billionaire, Binod Chaudhary, who is also a member of the federal parliament.

Earlier, the court had remanded them to four days in custody. The court extended his remand by two days on Monday for investigation, according to Chandra Prasad Panthi, information officer of Kathmandu District Court.

“Their remand has been extended by two days. The court, however, ordered to release them on a personal guarantee if the investigation is not completed within the extended period,” said Panthi.

Arun has been accused of involvement in illegally converting 10 ropani of public land belonging to the government-owned shoe factory into private property.

Along with Arun Chaudhary, the CIB also arrested Ajit Narayan Singh Thapa, former executive chairman of the leather and shoe factory and Sanjaya Thakur, director of CG Chandbagh Residency and Champion Footwear Company, which was established by the Chaudhary family under whose name the 10 ropani land was first registered.