Sachiin maintained the song did not insult the country as the censor board had accused.
"The censor board felt its demeaning the country in some way...I dont think there's something like that. They thought it was not good and a bit vulgar," he told reporters while promoting the film here.
Defending the song, Sachiin argued that if songs like "Bhaag D.K. Bose" or "Choli Ke Peeche" were spared the censor's scissors then "Eggjactly" should have been given the same treatment.
"So many songs like that come why don't they take any action against them...I think the board was biased in its approach," he said.
The risque rap by actor-dancer Jaaved Jaaferi pokes fun at scams and controversies and is available online and Sachiin hopes the audience sees the video for themselves and decides.
Actress Sunny Leone said: "They have a job...they have to censor things...to do things as they please...unfortunately it's happening at our expense..it's sad."
"Jackpot" has been shot in Goa and also stars Naseeruddin Shah. It hits theatres Dec 13.