Bafna's anticipatory bail application was on Friday last adjourned by the Madras High Court to May 29.
Another accused Prashant was produced at a local court here on completion of three day police custody.
Meanwhile, police said they are also on a lookout for a Chennai based hotelier in connection with the case.
City police on May 17 busted the betting racket involving IPL matches with the arrest of six bookies and recovered Rs 14 lakh in cash, a day after three Rajasthan Royal cricketers, including pacer S Sreesanth were arrested in the spot-fixing scandal.