Rejecting Telgi's plea, the court noted that there was sufficient material evidence against him and cleared the decks for framing charges against him.
The court will decide on framing charges against Telgi and his two associates Ramratan Soni and Sanjay Gaikwad for their alleged complicity in the fake currency racket registered by M R A Marg police station in 1995.
A meeting to finalise the modalities of the trial was held on Friday in Bangalore.
Telgi has said in a letter read out by his lawyers that he is disturbed by the reports.
The Central Bureau of Investigation on Wednesday said all the leads emerging from narco-analysis test of fake stamp paper kingpin Abdul Karim Telgi were pursued and a chargesheet was filed only after further corroboratory evidence.
Prince Harry, Duke of Sussex, was present at the birth of his boy, who weighs 3.2 kg.
Security forces on Tuesday foiled a grenade attack on them in Doda district and caught one militant during the attempt, officials said.
A CBI court in Bangalore has sentenced Abdul Karim Telgi and two associates to five years' rigorous imprisonment for floating three fictitious firms trading in stamp paper and duping the Karnataka government, a PSU and four private firms of several lakh rupees.
Abdul Karim Telgi, the prime accused in the multi-crore stamp paper scam, on Friday made "plea bargain" with the special judge, trying CBI cases, even as the court framed additional charges against him and 10 other accused in the case.
A Mumbai court on Monday convicted and sentenced Abdul Karim Telgi, accused of running a fake stamp paper racket running into crore of rupees, to imprisonment in nine cases after he had pleaded guilty to all of them.
The agency also arrested three police officers in Bangalore for damaging evidence against Telgi.
Speaker Somnath Chatterjee however said he would allow members to raise the issue later and asked them not to disrupt Question Hour
Accused policeman claims senior officials were trying to get the main accused in fake stamp paper scandal cleared of murder charges
Telgi alleges forceful discharge from hospital
Hours after Telgi pleaded guilty and repented his actions, Judge Chitra Bhedi of a special court pronounced the quantum of punishment under various sections of the IPC and the Maharashtra Control of Organised Crimes Act.
Middle-order batter Hashmatullah Shahidi will lead the side.
The accused informed the court that they do not wish to oppose the framing of charges in the case.
Meanwhile, Yerawada Central Jail Superintendent Rajendra Dhamne said that some 53 accused have gone on indefinite hunger strike from Tuesday afternoon.
A third supplementary chargesheet in the case against Telgi and 15 others was filed by the CBI on July 22 and, as per the agency sources, the final chargesheet will be filed shortly.
Six accused, including an MLA, did not want to under the tests.
The CBI's probe into the fake stamp paper scam received a shot in the arm on Wednesday with a court in Delhi accepting an application by an associate of kingpin Abdul Karim Telgi in which he voluntarily pleaded guilty.
The charges have been framed in cases that involve selling of fake stamp papers. \n
Defence lawyer Harshad Nimbalkar pleaded that since she was not obstructing the investigation and made herself available for questioning, besides suffering from diabetes and being HIV positive, her's was a fit case of granting bail.
Telgi's wife surrenders in fake stamp scam case
Telgi was quoted as saying that he would disclose the names of "big sharks" in the scandal.
The former Mumbai police commissioner argued he has been wrongly booked under the stringent law.
Former Bangalore police commissioner H T Sangliana and BJP MP from Bangalore defied the party whip and voted for the UPA's trust motion. He speaks on why he did so, as well as his plans for the future.
Tabrez Telgi allegedly was the brain behind the printing, packaging and marketing of fake stamps.
'Mohammed Sayeed is the kingpin. I have told everything to the police,' the stamp scam accused told reporters as he was whisked away by police.
He reportedly said that at least two prominent Karnataka politicians were involved in the stamp scam.
Telgi now has sought for home food on the ground that he is sick and is infected with HIV. Telgi states in an application that the food being provided in the central jail at Bengaluru is not suitable for him and hence home food be provided.
A special MCOCA court in Pune on Monday allowed the Special Investigation Team probing the multi-crore fake stamp paper scam to put the main accused through an array of scientific tests.
Telgi's counsel, M T Nanaiah, said Telgi will cooperate with the SIT.
Nanaiah claims to possess a medical certificate issued by doctors of NIMHANS, Bangalore.
He has been accused of paying Rs 20 crore as bribe to a senior Democratic Front minister on behalf of the main accused in the fake stamp paper racket.
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