New Delhi, Sep 5: The Supreme Court on Thursday refused pre-arrest bail to P Chidambaram in the INX Media money laundering case lodged by the Enforcement Directorate.

The top court dismissed Chidambaram's plea challenging the Delhi High Court verdict denying him anticipatory bail in the case.

A bench of Justices R Banumathi and A S Bopanna said this is not a fit case to grant anticipatory bail.

Grant of anticipatory bail to Chidambaram at this stage will hamper investigation, it said.

The investigating agency has to be given sufficient freedom to conduct a probe into the case, the apex court said.

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Mumbai (PTI): Police have arrested a man and seized over 500 grams of heroin worth Rs 2.54 crore in the illicit market from him in Mumbai, officials said on Friday.

The police's Anti-Narcotics Cell (ANC) made the drug seizure in Santacruz in the western suburbs. The operation was conducted by the Kandivali unit of the ANC on Thursday as part of a special crackdown against drug trafficking in the area, they said.

Acting on specific inputs, an ANC team conducted a raid in Santacruz (East) and intercepted a man. During a search, the team recovered 508 grams of high-grade heroin from his possession, an official said.

The seized contraband, a highly addictive, opioid drug derived from morphine, is estimated to be worth Rs 2.54 crore in the international market, he informed.

Following the seizure, a case was registered against the man under relevant sections of the Narcotic Drugs and Psychotropic Substances (NDPS) Act, 1985, and he was formally placed under arrest in the early hours of Friday.

The police are currently investigating the source of the drug and trying to identify the intended recipients of the consignment, he said.