London, March 20: The Westminister court of London on Monday rejected diamantaire Nirav Modi's bail plea and sent him on eight-day custody till March 29. Modi has offered a 500,000 pounds security for bail, which was rejected by the London Court.

Earlier, the diamantaire was arrested by from the Holborn Metro Station on Tuesday and produced before the Westminster court on Wednesday. With the hearing, resulted in the cancellation of bail plea of Modi, the case has been referred to the Chief Magistrate and the next hearing in his case will be held on March 29. Nirav Modi Arrested in London, PNB Fraud Accused Produced in UK Court

It is to be known that Modi holds a dual passport - one from India and other from Belgium. In the court, he had said that he has a wealth of proof in his defence and feared that there is a chance of deportation if in case he is declared a fugitive. Modi has also refused his consent to extradition.

(The above story first appeared on LatestLY on Mar 20, 2019 06:35 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).