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. 

Hello Keerthana,
According to rules set by National Testing Agency(NTA), If a candidate has been allotted a seat in Round II but not reported at the allotted Institute he/she  can exit with Forfeiture of Fees i.e. the Refundable security amount will be forfeited. However once  the candidate joins a seat allotted in IInd Round (of AIQ/ Deemed University) he/she will not be  eligible for exiting the seat and not eligible for any other round of Counseling including State Counseling. The names of such candidates who have joined in Round II of AIQ/ Deemed/ Central Universities may be circulated to all state counseling authorities for prohibiting them to participate in  any other counseling.

Hope this helps you! 

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