Get latest articles and stories on India at LatestLY. The Delhi High Court on Wednesday rejected the bail plea of businessman Raj Singh Gehlot, Ambience Group Promoter, in a money laundering case related to an alleged bank loan fraud case. The case relates to certain loans granted by a consortium of banks for the construction of the Ambience Hotel at Shahdara, Delhi. India News | Delhi HC Rejects Bail Plea of Ambience Group Promoter in Money Laundering Case.