Siddaramaiah's announcement came amid pandemonium in the assembly as opposition BJP trained its guns on him and continued its dharna in the House for the third day insisting on a CBI probe into the "scam" amounting to Rs 1,000 crore.
"The government has already ordered a judicial inquiry into the matter and it will be headed by a retired judge," he said.
Coming down on BJP members for demanding CBI probe, he said a "judicial inquiry would bring the truth out and some of them will get exposed. Therefore, they are afraid of judicial inquiry. If they are not at fault, they should face the probe."
Producing a document, Opposition BJP Leader Jagadish Shettar said "this has the signature of Chief Minister Siddaramaiah who approved the file pertaining to denotification of 541 acres in Arkavati Layout. Therefore, he should immediately tender his resignation."
Shettar alleged Siddaramaiah had lost the moral right to govern because he "lied" in the assembly that he had not signed any document pertaining to Arkavati denotification.