He went to the SIT office in Worli, for the second consecutive day on Sunday, around 1200 IST and emerged at around 1630 IST.
The questioning came just a day after the arrest of Joint Commissioner of Police (Intelligence) Sridhar Vagal in connection with the scam.
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Sharma was commissioner of police in Pune when the scam was unearthed. The then joint commissioner of police in Pune, S M Mushrif, had alleged the scam was not properly investigated.
Sharma retires as Mumbai police chief on November 30. The Mumbai high court has directed the SIT to probe his role in the scam and file a report on November 12.
So far, the SIT has arrested six police officers and is likely to arrest some more this week, SIT sources added. More officers of the Mumbai crime branch may be questioned soon.