The claims made by Param Bir Singh are part of the Central Bureau of Investigation's (CBI) 'corruption' chargesheet against former state home minister Anil Deshmukh.
The Opposition is rumoured to be considering TMC vice president Yashwant Sinha's name for the election after three leaders declined the opportunity to run for President.
The situation is being continuously monitored by the government, according to Divisional Commissioner Kashmir.