The Wyebank businessman who allegedly faked his own death for financial gain is due to appear in the Pinetown Magistrate's Court on Wednesday.
Sundraganes "Rajen" Chetty, 44, presently on bail, and his cousin Dayalan Reddy, 29, are accused of faking Chetty's death to claim from a R3 million insurance policy.
Chetty was released on R50 000 bail while Reddy was released on bail of R5 000.
Both have been charged with murder and defeating the ends of justice.
Chetty and Reddy have been on bail since October 2008 but under strict conditions imposed by the court.
Magistrate Verushka Jamuna ordered that the two men hand over their travel documents and instructed them to not interfere with state witnesses and report regularly to the police station.
However, Jamuna found that both men were not flight risks. Chetty stands accused of faking his own death, which was allegedly done by burning a body in his Nissan bakkie, to cash in on his life insurance policies. The body found in Chetty's vehicle was that of 60-year-old Bharath Lutchman of Merebank.
After allegedly burning the body in the car, Reddy was sent to the mortuary to identify the charred remains and identified them as those of Chetty, because of a ring.
However, the alleged plot was uncovered after the investigating officer, Insp Ramesh Ramdeen, and the pathologist were not satisfied with how Reddy had identified the body, because they said the ring was not clearly visible.
At the bail application in October, Ramdeen said Chetty had hatched the plan to cash in on life insurance policies that had been updated to double their value two weeks before the incident occurred.
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