Srimad Bhagavatam Canto 08, Chapter 22, Text 33

SB 8.22.33

indrasena maharaja
 yahi bho bhadram astu te
sutalam svargibhih prarthyam
 jñatibhih parivaritah
 
Translation by His Divine Grace A. C. Bhaktivedanta Swami Srila Prabhupada: 
 
O Bali Maharaja [Indrasena], now you may go to the planet Sutala, which is desired even by the demigods. Live there peacefully, surrounded by your friends and relatives. All good fortune unto you.
 
Purport by His Divine Grace A. C. Bhaktivedanta Swami Srila Prabhupada: 
 
Bali Maharaja was transferred from the heavenly planet to the planet Sutala, which is hundreds of times better than heaven, as indicated by the words svargibhih prarthyam. When the Supreme Personality of Godhead deprives His devotee of material opulences, this does not mean that the Lord puts him into poverty; rather, the Lord promotes him to a higher position. The Supreme Personality of Godhead did not ask Bali Maharaja to separate from his family; instead, the Lord allowed him to stay with his family members (jñatibhih parivaritah).
Srimad Bhagavatam Canto 08, Chapter 22, Text 32
Srimad Bhagavatam Canto 08, Chapter 22, Text 34