Maharashtra Control of Organised Crime Act (MCOCA) Designated Judge Sayed Kadri rejected Jundal's bail petition saying he could not be given liberty at this stage because of his alleged involvement in the crime.
Jundal's lawyer Ejaz Naqvi said that he would appeal against the verdict in the Bombay High Court.
Jundal had appealed for the bail on the ground of parity. He contended that co-accused Abdul Majeed, who was charged with facilitating parking of cars laden with arms and explosives, had been granted bail. On similar ground, he should also be given liberty, Jundal pleaded.
According to Anti-Terrorism Squad, one of its teams chased a Tata Sumo and an Indica on Chandwad-Manmad highway near Aurangabad on May 8, 2006, and arrested three suspects, besides seizing 30 kg of RDX, 10 AK-47 rifles and 3,200 bullets.
Also Read
Later, ATS seized 13 kg RDX, six AK-47s, 50 grenades and two swords from other suspects. Those arrested reportedly told police that the consignment was brought by Jundal, who had fled to Pakistan.
Jundal, a native of Beed district in Maharashtra, was deported from Saudi Arabia in June 2012.
After fleeing Maharashtra in May 2006, Jundal entered Bangladesh and went to Pakistan. In Maharashtra, he is also accused of involvement in 2006 Aurangabad arms haul case, 2010 German Bakery blast in Pune and Nashik police academy attack conspiracy.