The Times and Oxford Mail have won a four-year legal battle to name a multi-millionaire property developer who was arrested on suspicion of being a member of a child sex ring.

Property developer Tariq Khuja, 40, was arrested alongside nine other men as part of a Thames Valley Police sting in Oxford in March 2012, but he was later released without charge.

Magistrates originally granted an injunction shortly after Khuja’s arrest, banning the disclosure of anything that might identify him until he was charged with an offence.