The conversation which took place moments before the start of a press conference here yesterday, got recorded as the mics were on.
Moments before the conference, Chandnath told Ramdev that he was facing problems in bringing money there to which the Yoga Guru reacted and warned him to not talk about money when microphones are on.
When contacted, Chandnath said that he did not speak such thing to Ramdev.
Alwar is among the five constituencies out of total 25 where polling will take place in second phase on April 24.
Meanwhile, Congress today demanded arrest of Ramdev and Chandnath for allegedly distributing money to voters.
In a communiction to the Election Commission, K C Mittal, Secretary of AICC Legal Department, demanded that FIR be registered against the leaders involved in the malpractice and disqualification of Mahant.