A Delhi court on Saturday dismissed the bail plea of Minister Satyendar Jain, arrested by the Enforcement Directorate in a money laundering case.

Special Judge Geetanjli Goel denied the relief to Jain, saying the stage was not fit for grant of bail to him, a PTI report said.

"The Bail application is dismissed," the judge said.

The court had reserved order after hearing arguments from Jain as well as from the ED.

Jain was arrested by ED in a money laundering case. He was taken into custody under criminal sections of the Prevention of Money Laundering Act (PMLA).

Jain is currently in judicial custody.

After Jain was taken into custody, all the portfolios held by him were allocated to Delhi Deputy Chief Minister Manish Sisodia.