Judge A A Joglekar rejected the bail plea. A detailed order was not available yet.
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Kohli was arrested on August 29 following a raid by the Narcotics Control Bureau (NCB) at his residence during which banned drugs were allegedly seized.
His lawyers had argued that only a small quantity of drugs was allegedly recovered from his possession, which is a relatively lesser offense, so he was entitled to bail.
The NCB opposed the application, claiming that the actor had direct links with two prime accused in the case from whom a large “commercial” quantity of contraband was recovered.
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Earlier, a magistrate”s court had denied bail to Kohli.
The actor had featured in the Salman Khan-starter “Prem Ratan Dhan Payo” among other Hindi films, and was also one of the contestants of TV reality show “Bigg Boss”.