Police said Malaka Silva was released on two sureties of Rs. 500,000 each.
Silva was arrested on Tuesday night by the Thalangama Police after a businessman had complained about death threats.
He had allegedly asked Rs. 100,000 from his friend who is a businessman in June for the election campaign of his father.
Police said the Magistrate today ordered the suspect Silva to appear in the Thalangama Police each Sunday of second and fourth week of every month.
Malaka Silva was also warned not to intimidate the complainant of the case.