Metropolitan Magistrate Syed Mohammad Mujibul Haq issued the order after Noor Hossain, a former director of EXIM Bank Limited, filed the case with the Dhaka Chief Metropolitan Magistrate's Court.

After 18 days of confinement in jail, Bulu was released on June 17 securing bails in all three cases filed against him.

In his complaint, Noor Hossain mentioned that he and his wife Ayesha Begum had entered into a contract with Bulu for sale of their 13.33 acres of land at Bhaluka in Mymensingh district for Tk 5 crore.

According to Hossain, the couple and Bulu had executed two agreements -- an unregistered one on March 18 and the second one, a 'Bainapatra', on April 6 this year and duly registered it at the Sub-Registrar's Office at Bhaluka.

After that, Bulu issued four cheques totalling Tk 5 crore payable at different dates at the Southeast Bank, Principal Branch, Dhaka, Hossain said.

Hossain went to the bank on May 15 to cash a cheque of Tk 50 lakh that he had received from Bulu, but the cheque was dishonoured, the complainant said.

Later, he served legal notice upon Bulu on June 8 through his lawyer Nuruzzaman Nani asking Bulu to pay the money within 30 days from the receipt of the notice.

Bulu received the notice two days later but he did not make any move to pay the money. Rather, he threatened Noor Hossain and his wife with death over cell phone on several occasions, the complainant added.

Bulu was arrested at his Banani house on May 31 after his wife Hosne Ara Naznin and Abdus Salam Majumdar filed two separate cases against him with Gulshan Police Station.

He filed a criminal case against Housing and Public Works Minister Mirza Abbas and Managing Director of the TV channel Boishakhi Kazi Mohammad Shahidullah the previous day, accusing them of threatening him with death unless he handed over his share of the TV for free.