A local court on Wednesday rejected anticipatory bail application filed by Maple Group chairman Sachin Agarwal and other executives who were booked on the charge of cheating by publishing 'misleading' advertisements in newspapers promising flats to buyers at cheaper rates.

Additional Sessions Judge S B Kachare rejected the plea filed yesterday by Agarwal, Managing Director Naveen Agrawal and Sales Manager Priyanka Agrawal after the Economic Offences Wing (EOW) opposed it.