In a reply filed on the Chidambaram' petition, the CBI said that granting bail in "such cases will set a wrong precedent" in the corruption cases.
Delhi court on September 19 extended Chidambaram's judicial custody till October 3.
Chidambaram was arrested by the CBI on August 21. He is facing a probe by the CBI and the Enforcement Directorate (ED) for alleged irregularities in granting the clearance to INX Media to the tune of Rs 305 crore in 2007.
(With input from ANI)
At present, Chidamabaram is in judicial custody in Tihar Jail.