The court ruled that in light of the severity of the charges and punishment, Arisman still posed a flight risk despite his surrender and Bt1.2 million posted as surety.
The defence plans to appeal the bail ruling and will increase his surety to Bt2 million.
Arisman is facing charges related to five violent incidents. On Tuesday he reported to the Pattaya Provincial Court and received Bt2 million bail pending trial on charges related to his involvement in the raid of Asean Summit in 2009.