The court was hearing the anticipatory bail application of another accused in the case, when it was informed by a crime branch official that a warrant was yet to be issued for the arrest of the don's sister Haseena Parkar.
Following this, Additional Sessions Judge A V Nirgude ordered the police to arrest her by May 16, the next date for court hearing in the case.
The court also said that a case of extortion cannot be made out against any of the accused and maintained it must be treated as a case of cheating and criminal intimidation only.
Earlier when the court queried why Haseena had not been arrested yet, additional public prosecutor R V Kini made certain remarks, which he immediately sought the court's permission to withdraw.
The judge then ruled that the remarks would not go on the record of the court.
The anticipatory bail application was filed by builder Chandresh Shah who has been implicated in a case of cheating, extortion and forgery registered against Haseena and seven others by a real estate agent after a property redevelopment scheme went sour.
Complainant Vinod Avlani had alleged that co-accused Shukla brothers were paid Rs one crore and failed to return Rs 30 lakh out of the amount after the deal went sour.
Haseena had allegedly mediated in the deal and also threatened Avlani.