The apex court also rejected the contention that there was need to register an FIR in connection with the Rs 58,000 crore deal.
The pleas had sought reexamination of the apex court's December 14, 2018 verdict that there was no occasion to doubt the decision-making process in the procurement of 36 Rafale fighter jets.
"We find the review petitions are without any merit," a bench comprising Chief Justice Ranjan Gogoi and Justices S K Kaul and K M Joseph said.
The court also closed contempt proceedings initiated against Congress leader Rahul Gandhi and said that being an important political person, Rahul must remain more careful in future.
A contempt proceeding was initiated against Rahul Gandhi for his remark "Chowkidar Chor Hai", attributing it to the Prime Minister.
The rejection of review petitions is tantamount to the apex court giving a second clean chit to the Modi government.
Reading out the judgment, Justice Kaul said the judges had reached the conclusion that it is not appropriate to order a roving inquiry into the allegations.
Maintaining that the review petitions have sought a registration of an FIR in connection with Rafale fighter jets jet deal, the bench said, "We do not consider it to be a fair submission".
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