The Supreme Court refused to release Sahara Chief Subrata Roy on interim bail or parole but allowed selling of his luxury hotels in New York and London to raise money to deposit 10,000 crore rupees with SEBI to get regular bail.The apex court assured 65-year-old Roy that it will allow him to go out of jail during day time under police custody to hold negotiations with buyers to dispose off his properties. Sahara Chairman Subrata Roy has been in a Delhi jail since March 4th after failing to appear at a contempt hearing in a long-running legal battle between his group and SEBI.