A plea for release on bond has been rejected by a special court. This decision affects Sunil Bajranglal Varma, who previously held a key position in Mehul Choksi's business operations. Varma was the international business head of the Gitanjali Group, a company linked to Choksi.

The case involves a significant amount of money, reportedly ₹7,080.86 crore. Further details about the allegations and the court's decision are available from the source.

The court's ruling means Varma will not be released on bond at this time. The special court is constituted under the Central Bureau of Investigation.