CBI court judge, B M Angadi posted the bail applications for orders to May 30 after conclusion of arguments.
While senior counsel from Supreme Court Ram Jethmalani argued for Reddy the main accused yesterday, another senior counsel from the apex court Madhusudan R Naik argued on behalf of Khan today.
The court had yesterday extended the judicial custody of Reddy, Khan and three others who have been arrested in connection with the case.