Asaram was arrested by the Jodhpur police on August 3, 2013, after a teenager accused him of sexually assaulting her near Jodhpur ashram.
The apex court has also slapped a fine Rs 1 lakh on the self styled godman and observed that the plea was devoid of merit.
According to reports, the Gujarat governemnt has earlier told the top court that the trial in this case would be held in an expeditious mannner and , hence, oppossed the bail being granted to Asaram.
The apex court had earlier asked All India Medical Sciences for a report on Asaram's prostate ailment. AIIMS said that the evaluation remained incomplete because of Asaram's refusal to undergo required tests.
Ironically, at least two people who were among several prosecution witnesses in the case have been murdered in separate incidents.
Reports state that some of the winesses have also received death threats from unidentified people.