After his arrest on Saturday, Arunabh Kumar was released on bail the same day after paying a bond of Rs 10,000.Arunabh Kumar, CEO of the digital entertain ment start-up The Viral Fever (TVF), was formally arrested and then re leased on bail on Satur day. The police are now in the process of filing a chargesheet, which they claim will be done shortly.Arunabh was earlier booked for molestation based on a complaint by a victim in Mumbai, almost two weeks after a blog detailing the harassment first surfaced on the internet.Arunabh has been booked under Sections 354 and 509 of IPC, for outraging the modesty of a woman and molestation. A woman who claims to have been his victim had filed a complaint with the MIDC police station first. A second victim filed a separate FIR with Versova police station later.The police claim the allegations made by the complainants are true and they have the witnesses to prove it. Also, the mobile tower locations of both the victim and the accused at the time of the incidents also match.On Saturday, Arunabh was called in for questioning and later placed under arrest. He was immediately re leased after paying a bail bond of Rs 10,000 in cash.A woman who said she was a TVF `staffer' had posted a blog under the pseudonym Indian Fowler, accusing Kumar of sexual advances at the workplace and attempting to exploit her.In the comments section, another female employee shared her ordeal at TVF, saying she “had to face a similar experience while working there. I felt exploited and cheated and left my job under very bad circumstances“.“He was arrested and let out on bail. Investigations are on. We will be filing the chargesheet soon,“ said DCP Vinayak Deshmukh of Zone X.TVF's spokesperson confirmed that Arunabh had not stepped down as CEO of TVF, and was still the functional head of the company.