The episode also marked the advent of sting journalism in the country.
He was convicted by a CBI court in April 2012 and sentenced to four years imprisonment. He was currently on bail.
Laxman was living in political wilderness after his unceremonious exit as BJP president following the bribery scandal.
He had joined RSS at a tender age of 12 years and worked his way to the top of the party after joining Jan Sangh in 1969.