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Hi keerthana,
If you are alloted a seat in deemed university in the second round of all India quota then it can be cancel down of you will not report to that college for having admission and your security amount will be refunded to you. Otherwise if you got admission in the deemed university you will not be applicable to apply for Karnataka second round of neet counselling.
So do what will be good for you and your future.
For any other information you can ask us.
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