The apex court also refused to interfere with the ongoing investigation in the case.
However, a bench comprising Chief Justice Ranjan Gogoi and Justices Ashok Bhushan and SK Kaul extended by four weeks the interim protection from arrest granted to him by the Bombay High Court.
The apex court said Teltumbde can seek regular bail from the competent trial court in this time.
On December 21, the Bombay high court dismissed the petition filed by Teltumbde seeking the quashing of the FIR and granted interim protection from arrest for three weeks.
At the Elgar Parishad event at Shaniwarwada in Pune, held a day before the January 1 caste clashes at Bhima-Koregaon, located near Pune, several activists allegedly made inflammatory speeches and provocative statements that contributed to the violence, police said.