The court also dismissed Sabu's suggestion that the tusker should be brought back to Kerala.
CPM Kunnathunadu MLA PV Sreenijin had filed a case against the industrialist under the SC/ST Prevention of Atrocities Act.
The Delhi Chief Minister had come prepared to speak in Hindi, but still he sought permission from the audience before beginning his address.
Recently Twenty20 chief Sabu M Jacob had confirmed his party's alliance with AAP in Kerala.
C K Deepu died at a hospital in Aluva on February 18 where he was undergoing treatment following the attack allegedly by CPM workers.
Sabu M Jacob has said his party will, however, not construct memorials or organise fundraisers for the martyr.
Sabu called for the arrest of the CPM legislator and the seizure of his phones over the brutal murder of the 38-year-old.
Twenty20 is in power in four panchayats in the area. Whenever some developmental work is carried out in the panchayats, the MLA arrives there and obstructs the activity, Sabu said.
Deepu was assaulted by CPM activists during the lights-off protest conducted on Saturday.
Meanwhile, all the 164 arrested workers were remanded in custody by the court.