An Athens court on Wednesday ordered the release with conditions of the 73-year-old jewellery store owner after hearing his testimony about the death of 33-year-old Zak Kostopoulos at Omonia Square.
The accused beat Kostopoulos repeatedly after Zak entered his shop last week, with what the shop owner says was with the intention of committing a robbery.
The shop owner, who faces criminal charges of inflicting bodily harm resulting in death and misdemeanor charges of grievous bodily harm, was ordered not to leave the country and report to a police station once a month.
According to reports, he has denied that he intended to kill the victim and said that his first act had been to call the police.
Supporters of Zac, who was very well known in the community were present in the court during his testimony.
The coroners' report on the 33-year-old's death was inconclusive, with the coroner's and advisor appointed by the family agreeing that his injuries were not such as to cause death. Authorities are now waiting for the findings of a histological and toxicological screening to shed light on the cause of death.
Police have also arrested a second man aged 55 for the assault.