Yoshitha Rajapaksa and three others were granted bail by Colombo High Court today.
They were released on a cash bail of Rs 100,000 and two sureties of Rs 1 million each.
In addition, a travel ban was imposed on them.
The order will be informed to the Kaduwela Magistrate's Court through a fax for the completion of the legal formalities and the release of the four individuals from prison custody.
They were arrested on January 30 over alleged money laundering at Carlton Sports Network.