"I can say with full confidence that I have no links with Sharma and I am ready for any probe into the matter," Bhuria told mediapersons here.
These charges were being floated by the BJP government in Madhya Pradesh to divert people's attention from its wrong activities, he alleged.
The state Congress chief, who was responding to reports of alleged business links between him and Sharma, said he has been in public life for a long time and so far no one has ever accused him with taking money from anyone for any purpose.
On the contrary, he claimed that state Chief Minister Shivraj Singh Chouhan should resign on moral grounds after the I-T raids on Sharma and another businessman, allegedly "connected with the BJP."
"It is strange that Chouhan is maintaining a silence on the raids and is not saying anything about his links with these two businessmen," he accused.
I-T sleuths had last week raided the premises of builder and road contractor Dilip Suryavanshi and mining contractor and VNS Group of Institutions director Sudhir Sharma.
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Bhuria also alleged the state BJP government of giving protection to land and mining mafia and demanded that their activities be probed by the CBI.
The Congress has been demanding an inquiry into such activities in the state for a long time, but the government has always turned a deaf ear to its demand, he alleged.