India-born former Goldman Sachs director Rajat Gupta, who is scheduled to begin his prison term on June 17, hopes to release a book telling his side of the story and visit India once he completes his two-year sentence, according to a media report.

Gupta, 65, lost his final bid to avoid reporting to jail after the US Supreme Court last week denied his application to remain free on bail while his insider trading case is reheard.

While US district judge Jed Rakoff had recommended that Gupta be assigned to a medium-security prison in Otisville, about 70 miles northwest of New York, a report in the New York Times said he has been assigned to the satellite camp at FMC Devens in Ayer, Massachusetts, close to where his one-time friend Raj Rajaratnam is jailed for insider trading.

Sri Lanka-born former hedge fund billionaire Rajaratnam is lodged in FMC Devens' federal medical center. He is a diabetic and FMC Devens' medical unit provides dialysis. His facility is next to the satellite camp where Gupta will be.