The special CBI court, in January this year, had turned CBI's plea to drop Chavan's name from the First Information Report (FIR).
CBI had filed the application after Maharashtra Governor refused sanction to prosecute Chavan, on the ground that there was not much evidence against the Congress leader.
CBI's revision petition is likely to be heard by the High Court tomorrow.
Chavan had stepped down as the Chief Minister after the scam came to light in 2010.
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