Bang Si-hyuk has once again avoided arrest after South Korean prosecutors rejected a second police request seeking an arrest warrant against the HYBE chairman. The latest development marks another major twist in the ongoing investigation surrounding alleged unfair profits tied to HYBE’s pre-IPO stock dealings. 

Arrest gets rejected in Bang Si Hyuk's case

According to reports, the Seoul Southern District Prosecutors Office rejected the renewed warrant request because investigators allegedly failed to carry out additional inquiries that prosecutors had previously asked for after the first application was denied. Officials reportedly stated that the supplementary investigation conducted by police was still insufficient to justify detention.