Mumbai: A special court here on Friday granted the Enforcement Directorate (ED) a two-day transit remand of businessman Sateesh Seth.Seth, former group managing director of Anil Ambani-led Reliance Group, has been arrested in a money laundering investigation by the agency in connection with a loan fraud case."Considering the nature of accusation and the role played by the accused, there appears to be involvement of the accused in the crime," special judge DD Kurulkar observed while granting the transit remand.The court remanded Seth to ED custody till 11 am on June 14 and directed the agency to produce him before the competent court in Delhi within the stipulated period.Reliance Group, in a statement issued on Friday, clarified that Seth is no longer associated with the group. Seth, who served as director on the boards of several group companies, left the group in 2025, a spokesperson said.According to the court documents, Seth could not be produced before the court within 24 hours of his arrest because he had to be hospitalised following a medical emergency. Seth was then produced before the court through video conferencing from JJ Hospital.