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We demonstrate the nonrenormalization of the chiral separation effect (CSE) in quenched finite-density QCD in both confinement and deconfinement phases using a recently developed numerical method which allows us, for the first time, to address the transport properties of exactly chiral, dense lattice fermions. This finding suggests that CSE can be used to fix renormalization constants for axial current density. Explaining the suppression of the CSE which we observe for topologically nontrivial gauge field configurations on small lattices, we also argue that CSE vanishes for self-dual non-Abelian fields inside instanton cores. [ABSTRACT FROM AUTHOR]