While granting bail, Judicial Magistrate A K Vidhyadharan directed Bitti to execute a bond of Rs one lakh with two sureties of like amount.
The court directed that one of the sureties should be a close relative of Bitti and the other should have landed property in the state.
The accused was sentenced to seven years' imprisonment for raping a German tourist at Alwar in Rajasthan and was absconding after he jumped parole on November 20, 2006.
Bitti, son of former Odisha DGP B B Mohanty, was arrested on March 8 while working as trainee officer of State Bank of Travancore in Kannur under a false name Raghav Rajan, after the bank got an anonymous letter revealing Bitti's identity.
After jumping the parole in Rajasthan, Bitti had spent a few months in Puttapparathi where he was alleged to have forged documents using which he took an MBA degree course in Kannur and later got appointment in the bank.
Bitti was also taken to Odisha after his arrest and police had also questioned Bitti's father to prove the identity of Bitti.
