The case pertains to the fraudulent withdrawal of Rs 3.5 crore from the Dumka treasury by Animal Husbandry Department officials between 1991 and 1996 when Yadav served as Bihar CM.
The 72-year-old RJD chief was lodged in a Ranchi jail but was shifted to RIMS on August 29, 2018, looking at his deteriorating health conditions.
The CBI counsel argued before a bench Yadav's bail plea should not be heard now as 23 days are remaining for him to complete half of his five-year jail term.
The RJD chief is currently lodged into the Director’s bungalow of RIMS on the campus.
The fodder scam pertains to fraudulent withdrawal of Rs 33.67 crore from Chaibasa treasury during 1992-93, when RJD chief Lalu Prasad Yadav was the chief minister of Bihar.
Jailed RJD chief Lalu Prasad Yadav is currently admitted to RIMS in Ranchi due to deteriorating health conditions.
The doctors said that the RJD chief has not shown any symptoms of COVID-19 so far and all precautions are being taken to protect him from coronavirus.
Counsel Prabhat Kumar said the bail has been sought on the ground that Lalu Prasad Yadav's health condition is deteriorating.
The 71-year-old RJD chief was lodged in Birsa Munda Central jail in Ranchi but was shifted to RIMS in Ranchi due to his deteriorating health condition.
According to the CBI advocate, Prasad was asked 34 questions in the court and the former Bihar chief minister answered many of them in negative.
RJD chief Lalu Prasad Yadav has been convicted in four fodder scam cases and has been awarded jail up to 14 years.
The Rashtriya Janata Dal president also wrote to the institute's director, asking him to continue his treatment at the facility till he recovers fully.
Lalu Prasad was shifted to RIMS on March 17 after he complained of chest pain and discomfort. He was convicted in the fourth fodder scam case by a CBI court on March 19.
After Lalu's sentencing in fourth fodder scam case, Tejashwi Yadav alleges threat to his father's life
Tejashwi Yadav alleged that there is a threat to his father's life adding that a conspiracy is being hatched by the Bharatiya Janata Party.
Lalu Prasad Yadav sentenced to 14 years in jail, fined Rs 60 lakhs in fourth fodder scam case; son Tejashwi slams NDA
The special CBI courts in Ranchi have earlier handed Yadav jail terms for 13 years and a half after finding him guilty in three other cases of the scam.