Chennai/New Delhi, May 15 -- A Court in London on Thursday night (IST time) rejected the bail plea of industrialist Nirav Deepak Modi, languishing in UK jail since 2019 and wanted for trial in India in a bank fraud case filed by the CBI.

A CBI release tonight said the fresh Bail Petition filed by Nirav Deepak Modi was rejected today by the High Court of Justice, King's Bench Division, London.

The bail arguments were strongly opposed by the Crown Prosecution Service advocate who was ably assisted by a strong CBI team consisting of investigating and law officers who travelled to London for this purpose.

It said the CBI could successfully defend the arguments which resulted in rejection of the bail.

Neerav Deepak Modi is in UK priso...