The police had arrested Yadav on Wednesday from his residence in Rasoolpur Nawada village near Noida Sector 62 for allegedly submitting false documents for registration of his vehicles.
It has registered a criminal case of cheating and giving false statement on oath to public servant against 35-year-old Yadav.
During the proceeding, the police told the court that Yadav had submitted false information to the State Transport Department to get the registration certificate and the permit for the bus.
It added Yadav had given a false affidavit about his residential address to get the bus registered with the Delhi Transport Authority.
Police said during investigation, it came to know about the actual address of the bus owner and that 11 buses were registered in his name.