The High Court of England and Wales today denied bail to Indian businessman Nirav Modi, arrested in connection with the PNB scam..The verdict was passed by Judge Ingrid Simler at the Royal Courts of Justice in London. The judge had heard arguments made by Modi’s counsel and lawyers for the Crown Prosecution Service yesterday..Modi’s Barrister Clare Montgomery reportedly argued yesterday that her client was not the cold-blooded criminal he was made out to be by the Indian government. Modi’s legal team is headed by Anand Doobay and George Scott..Nirav Modi approached the UK High Court after being denied bail by the Magistrates’ Court on three previous occasions..Nirav Modi, who is contesting his extradition to India after being implicated in the Rs. 17,000 crore PNB Scam, has been lodged in Wandsworth Prison in South-West London ever since his bail was denied in March this year..The Court had issued a warrant for Modi’s arrest in response to a request from India’s Enforcement Directorate. District Judge Marie Elizabeth Mallon had earlier denied bail even though Nirav Modi was ready to put up a 500,000-pound bail bond..On May 30, Westminster Magistrates’ Court in London extended the remand of Modi till June 27. The Court of Chief Magistrate Emma Arbuthnot passed the order during a case management hearing held on that date..The judge had also asked the Indian government to provide within 14 days the information on which prison he will be held at..Back in India, authorities at Mumbai’s Arthur Road Jail have kept a cell ready for the diamond merchant. NDTV reports that should they both be extradited, Nirav Modi will join fellow fraud accused Vijay Mallya in the same room..Bar & Bench is available on WhatsApp. For real-time updates on stories, Click here to subscribe to our WhatsApp.