He was produced before the court by enforcement directorate who was arrested on Friday in connection with Moin Qureshi money-laundering case.
ED had sought 14 day remand for Satish Babu. He was arrested under provisions of the Prevention of Money Laundering Act.
The ED had registered a criminal case under the anti-money laundering law against Qureshi in 2017 for alleged corruption in connivance with government officials.
It was Babu, on whose complaint the Central Bureau of Investigation had registered a criminal FIR on charges of corruption against its former senior officials Rakesh Asthana and Alok Verma.