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A bench of justices U U Lalit and Ajay Rastogi said that Kulkarni be produced before the concerned trial court within three days and bail be granted to him subject to conditions to be imposed by the court.
The counsel appearing for the CBI, which is investigating the case, opposed Kulkarniâ€
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In November last year, the CBI had arrested Kulkarni, a former Congress MLA from Dharwad, after questioning him in connection with the case.
Kulkarni, who has denied the allegations levelled against him, had won the Dharwad seat in 2013 but could not repeat the victory in 2018 when BJP”s candidate had defeated him in the assembly polls.
The CBI had earlier filed charge sheets against several accused in the case.