Bijlani from Navi Mumbai has pleaded that he was not involved in the crime and that he was being "framed". He said he had no role to play in the conspiracy and was also not present at the place where Loharia was gunned down by assailants.
Bijlani's bail application would come up for hearing next week.
Last month, Bijlani had sought interim bail from the court on the ground that his father had to undergo an operation for mouth cancer and he needed to arrange money for the same. However, the court was not inclined to grant temporary bail and hence he did not press for it.
Loharia was shot dead outside his Navi Mumbai office on February 16 this year.
Also Read
Police have arrested nine persons, including the two alleged shooters Venkatesh Shettiar and Wajid Qureshi, former 'encounter specialist' Emmanuel Amolik and Navi Mumbai builder Suresh Bijlani, in connection with the murder.
Three accused are absconding.
After Loharia's murder, Bijlani had sought bail from the Madhya Pradesh High Court. However, the state filed an appeal in the Supreme Court which asked him to surrender. As per the apex court order, he gave himself up to the police and is now in custody.