<span style="color: #222222;">A UK court today rejected a new bail application of the fugitive diamond merchant, Nirav Modi who is fighting extradition to India on charges of Punjab National Bank fraud and money laundering case. </span><br />'' <br />'' <span style="color: #222222;">He was produced before Westminster Magistrates' Court in London to make another attempt at being let out on bail until his trial in May next year. </span><br />'' <br />'' <span style="color: #222222;">The judge rejected Nirav Modi's bail application despite his offer to double security from 2 million pounds to 4 million pounds. </span><br />'' <br />'' <span style="color: #222222;">He has been behind bars at Wandsworth prison since his arrest on 19th March on an extradition warrant executed by Scotland Yard on charges brought by the Indian government.</span><br />''