“Nanda on Friday walked free from Tihar Jail No 4, where he was lodged,” Tihar Jail spokesperson Sunil Gupta said.
Tihar Jail Superintendent granted him remission for his “good conduct” during his stay in the jail, he said.
According to rules, a convict can earn three months of remission every year if he conducts himself in a positive manner.
Nanda was convicted for a two-year jail term for mowing down six persons, including three policemen on Lodhi Road on January 10, 1999.
Delhi High Court had last month reduced his sentence from five years to two years.
However, Sanjeev Nanda, the grandson of former Navy chief S M Nanda, had to spend only four-and-half months in jail after the deduction of one year and seven months.
He remained behind the bars during trial.
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