A Kolkata court on Tuesday acquitted Saradha Group owner Sudipta Sen and a director in the Saradha Group, Debjani Mukherjee, in three cases related to the chit fund scam.

Three FIRs were filed against them at the Hare Street police station in Kolkata in 2013.

There were allegations of fraud of about Rs 10-15 lakh against the duo in the three cases.

The West Bengal government had also filed a case against them.

On Tuesday, the Bankshall Court acquitted Sudipta and Devyani in the first three cases, reported Bengali daily Sangbad Pratidin.

Sen and Mukherjee will not be released from prison at present since they are facing several other pending fraud cases.

The Saradha Group which went bust in 2013, left lakhs of depositors in a fix. 

Saradha Group chief Sudipta Sen and Saradha Group director Debjani Mukherjee were arrested in April 2013 in Jammu and Kashmir.