Special Judge Virender Kumar Goyal heard the arguments on the officer's bail plea and posted the matter for tomorrow.
Besides Agrawal, his relative Anand Agrawal also sought bail from the court.
They claimed that the investigation has been completed in the matter and there was no possibility that they would hamper it if the relief was granted.
They had earlier denied bail by the court after the CBI had opposed it citing ongoing investigation.
Tomorrow, the court will also hear arguments on the bail pleas of two other accused -- alleged middleman Bhagwan Singh and one Syed Burhanuddin, who had claimed to be an official working in the Prime Minister's Office.
More From This Section
In it charge sheet, the agency has alleged that Agrawal, a 1988 batch IAS officer, wanted to "settle" an ongoing CBI probe against him.
According to the CBI, the officer was facing investigation in two cases registered in 2010 when he was the Health Secretary in the state government. He has been charge sheeted in one case, while the probe is going on in the other.
Burhanuddin, who has many aliases, claimed that he would help him settle the case in his favour. Burhanuddin aka O P Singh aka O P Sharma had demanded Rs 1.5 crore as illegal gratification for his services, the CBI alleged.
Anand had played a key role in the offence and a huge amount of cash was recovered from his possession, it had claimed.