Terming allegations against Khadse as "political" in nature, Danve said the party has adopted a "cautious approach towards them", adding "we believe that there is no substance in them."
While maintaining that Khadse would face action if the allegations against him are proved in a court of law, he said there was "no pressure from the party high command" to remove him from the state cabinet.
Danve, who was in Jalna to pay respect to the memory of late BJP leader Gopinath Munde on his second death anniversary, told reporters that since there was no "substance" in the allegations against the revenue minister, "there is no need for any action".
Khadse, a senior BJP leader, has come under cloud of a host of allegations including irregularities in a land deal in Pune and calls allegedly received from fugitive don Dawood Ibrahim's residence in Karachi on his mobile phone.
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Khadse, who is in his home town Jalgaon in North Maharashtra amid political heat, has denied all these allegations and said he would abide by the party decision in his case.
"I will follow my party's instructions and will abide by its decisions," he had said.
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Commenting upon the hoardings put up by Khadse (or his supporters) all over Mumbai and elsewhere paying homage to the late BJP leader Gopinath Munde, Danve said it was only to express his (Khadse's) love and respect for the departed leader, and not a show of strength.
To a question, Khadse said BJP was not doing any injustice to the leaders belonging to the Other Backward Classes.
Raj Bhavan sources said it was not about Khadse.
Meanwhile, BJP Lok Sabha MP from Jalgaon and Khadse's daughter-in-law Raksha Khadse today met Prime Minister Narendra Modi in Delhi.