A bench of Chief Justice D Y Chandrachud and Justice Hima Kohli said it will not interfere with the high court order granting bail to Teltumbde.
Taking a dig at Narendra Modi's demonetisation move, Uttar Pradesh Chief Minister Akhilesh Yadav termed cashless economy as a "bigger dream" than 'achche din' and said the note ban will be an issue in the upcoming assembly elections in the state.
Modi met Biden for all three days between June 21 and June 23 during the Indian prime minister's state visit to the US.