The CBI on Sunday refuted reports that a team of the US' Federal Bureau of Investigation (FBI) was in India to probe the alleged bitcoin case being investigated by the Karnataka Police, and termed the statements "speculative" and "without any basis".

In a statement, the central agency said the FBI has not sent any team to India to conduct a probe in the matter nor has any request been made by the US probe agency to the CBI for conducting an investigation in this case.