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i tried to do it even from a user event but it does not get persisted

It should. I have a UE that changes a timebill back to pending approval if its edited after its approved

that there is no way to reverse approval by code?

Did you check if there is a workflow on the record?  It might be resetting the status back to whatever the value is for that state

i will check it out but are you saying that if no workflow is set I should be able to change the status back by code ? 

i cannot set approval to rejected or pending approval

i get no errors but then the status is back to what it had

from the UI though I can set it from pending to reject ed or appoved, regular path