It's known that Anil Ambani was to pay Ericsson company dues to the tune of about Rs 500 Cr in a high-profile case. The court strictly told Anil to pay the amount by March 19 (Tuesday), failing which he will be jailed for 3 months.

Anil's Reliance Communications is a bankrupt company. The industrialist is literally broke. Anil didn't know what to do.

Proving that blood is thicker than water, his elder brother Mukesh Ambani entered the scene in the last minute and saved him from imminent jail term on Monday. As per reports, Mukesh cleared off his brother's debts to Ericsson, including all the due interest payments.

Anil is now safe. Moved by his brother's timely intervention, Anil has issued a statement saying that he is thankful that his elder brother and 'Vadina' (Nita Ambani) extended the timely help. "This support has demonstrated the importance of staying true to our strong family values," he said.