The public prosecutor argued that the suspects, if released on bail, may tamper with the evidence and also there could be law and order problem.
After hearing the arguments from both sides, District judge P Vadamalai dismissed the bail petitions of Jamsher Ali, Jitin Joy, Manoj and Santhosh alias Swamy.
Police have arrested 10 persons, suspecting their involvement in the heist and murder at the bungalow on April 24.
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