London: The London High Court on Thursday denied fugitive businessman Nirav Modi permission to appeal against his extradition to India in the UK Supreme Court.

The Royal Courts of Justice in London, Lord Justice Jeremy Stuart-Smith and Justice Robert Jay ruled that “the Appellant's (Nirav Modi) application for permission to appeal to the Supreme Court is refused", a report in the media said.

The 51-year-old diamond magnate escaped India in 2018 before his name emerged in the Rs 11,000-crore Punjab National Bank fraud.

The latest High Court order also directs Modi to pay the legal costs related to the latest application, assessed in the sum of GBP 150,247.00, the report said.

Nirav Modi is lodged in Wandsworth prison in London.

Earlier, the Royal Courts of Justice had noted that his extradition wouldn't be "unjust or oppressive" when his lawyers contended that he was suffering from depression and was at suicide risk, and extradition to India could worsen his condition owing to the hostile environment in the country where politicians demonised him.