After a fast track court in Chennai issued warrants against actor-turned-politician R Sarathkumar and his wife, actor-producer Radhika, there were speculations that the couple might be arrested.
However, sources said their arrest is unlikely, since only bailable warrants have been issued against them in cheque bounce case.
Besides Radhika and Sarathkumar, warrant has also been issued against Listin Stephen, a partner in Magic Frames Company, while dismissing their plea for dispensing with their personal appearance.
According to Abudu Kumar, counsel for complainant Radiance Media P Ltd, Magic Frames company, in which the three were partners, had borrowed a sum of Rs 1.50 crore from Radiance Media, a film financing company, and issued two cheques.
Subsequently, Sarath Kumar had obtained a hand loan of Rs 50 lakh from Radiance Media and issued five cheques for Rs 10 lakh each. When the cheques were presented for payment, they were returned. Hence, Radiance Media filed the seven cases of cheque bounce, Abudu Kumar said.