Raghavji's bail plea was rejected by Ninth Additional District Session Judge Sanjeev Kalgaonkar, ruling that charges against him were of a serious nature and since he was an influential person who held important posts for a long time, he may try to destroy evidence against him.
Besides, releasing him on bail at this juncture would also send a wrong message to society that the law is not equal for all, the judge said.
Raghavji was arrested on July 9 from a flat in Koh-e-Fiza area and remanded to jail under judicial custody till July 22.
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