Justice H C Mishra rejected the petition of Joshi, who has been in judicial custody from March 2011 after being arrested from Kolkata.
Joshi was charged with routing ill-gotten money of Rs 169.92 crore through Hawala between 2006 and 2008 when Koda was the chief minister of Jharkhand.
The special court had on September 25 this year framed charges against Koda, Joshi, Binod Sinha, Vikash Sinha, Arvind Vyas and Manoj K B Punamia.
While the seventh accused, Anil Adinath Vastavade, is facing an NBW, Vyas on September 14 had obtained bail from the high court.