Butwal, Aug. 11 -- The Rupandehi District Court on Monday ordered Rastriya Swatantra Party (RSP) chair Rabi Lamichhane to remain in judicial custody, rejecting his application for release in connection with the Butwal-based Supreme Savings and Credit Cooperative fraud case.

A single bench of Judge Narayan Prasad Sapkota, following a hearing on Lamichhane's petition seeking release upon submitting a bank guarantee equivalent to the amount attributed to him in the case, refused to let him out.

Lamichhane, who has been in Rupandehi prison since April 4, filed the petition on August 4. He also submitted bank security worth Rs27.4 million along with his application.

Earlier, the Butwal bench of the Tulsipur High Court on April 4 had overtur...