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The VACB had earlier arrested the remaining three accused – Wilson, Mukesh Kumar and Renjith Warrier – in the connection with the bribery allegations.
The HC issued the order after the Public Prosecutor requested time and assured the court that no arrest would be made before the hearing.
The court noted that the police violated Article 22(1) of the Constitution by not properly informing the accused of the grounds for their arrest.
The money laundering case against Babu is based on five FIRs registered by the Crime Branch and Kottarakara Police against him and his parents.
The state agency will assess the scope of expanding the probe based on the results of verifying the latest complaints.
Wilson was arrested by the Vigilance and Anti-Corruption Bureau (VACB) on Friday while accepting Rs 2 lakh from Aneesh as he fell into a trap set by the police wing.
The DMK also accused the Union government of encroaching on the independence of autonomous bodies, including the judiciary.
Sonia and Rahul Gandhi are the majority stakeholders in Young Indian, each holding 38 per cent of its shares.
According to Manorama News, the leaders were taken into custody as they were leaving Tilak Bhavan to join the protest march.
Others named in the charge-sheet include Congress Overseas Unit head Sam Pitroda and Suman Dubey.
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