New Delhi, March 25 The High Court of London rejected diamantaire Nirav Modi's petition to reopen his case against his extradition to India, where he is wanted in connection with the Rs 13,000-crore Punjab National Bank (PNB) fraud, officials said.
Modi had approached the High Court of Justice, King's Bench Division. Advocates from the Crown Prosecution Service, assisted by a team from the Central Bureau of Investigation (CBI), strongly argued against his petition.
A team of CBI officials, including investigating officers, travelled to London for the hearing.
"The application to reopen the case was based on the (arms dealer Sanjay) Bhandari judgment. However, with sustained and coordinated efforts by the CBI, the challenge was successfully overcome," a CBI spokesperson said in a statement here.
Rejecting Modi's petition, the court observed that the petition and the circumstances surrounding it were not exceptional enough to warrant reopening the case, the spokesperson said.
"The CBI has been seeking Nirav Modi's extradition in connection with the PNB fraud, which involves significant financial wrongdoing with a public sector bank, and the proceedings have been ongoing since 2018," she said.
The UK courts approved Modi's extradition after his arrest in 2019 and rejected his earlier appeals, finding no legal barriers and accepting assurances regarding his treatment in India, she added.
"Although a temporary legal obstacle delayed the process, it was lifted in August 2025. Nirav Modi had applied to reopen his appeal, citing concerns about potential mistreatment (based on the Bhandari judgment) and questioning whether assurances provided by Indian authorities were sufficient to protect his rights," the official said.
Modi has been in a UK prison since March 19, 2019.
He is a fugitive economic offender wanted for trial in India for allegedly defrauding PNB in collusion with his uncle Mehul Choksi. Modi alone siphoned off Rs 6,498.20 crore, the spokesperson said.
She said the positive outcome highlights the consistent efforts and strong commitment of the Indian government to achieve this success.