CBI court judge Anupam Kumari granted bail to Kaif while hearing his bail application.
The petitioner had prayed that since no charge sheet has been filed within mandatory 90 days by the probe agency as per provisions of section 167 (2) of CRPC which was accepted and bail granted to him.
Kaif alias Bunty had given himself up before court of Siwan Chief Judicial Magistrate Arvind Kumar Singh on September 21 last year and was sent to jail.
Kaif had hit the headlines after he was seen in a photograph with Shahabuddin following the latter's release from Bhagalpur jail on September 10, 2016.
Kaif's photograph with RJD supremo Lalu Prasad's son and state Health minister Tej Pratap Yadav in September last year had also triggered a controversy.