Based on the RXTE observations of Sco X-1, we identified a clear dichotomy in the behavior of its X-ray cross-correlation functions (CCFs) which is possibly associated with two different radio jet ejection events. Twenty six observations display asymmetric CCFs of low correlation coefficients with soft or hard delays of a few hundred seconds along with no oscillation feature in the power density spectrum associated with horizontal branch/hard apex. All the observations belonging to NB/FB have symmetric CCFs with NBO/NBO+HBO/FBO in the PDS. Based on radio observations, two different types of jets were associated with Sco X-1 i.e., ballistic radio jets and an ultra-relativistic flow (URF). We noted that asymmetric CCFs with delays were connected with ballistic or lobe radio jets and symmetric CCFs with URFs in Sco X-1. We interpret these findings as evidence of two different states of the inner accretion disk. We propose that the launch of a ballistic jet triggers significant instability within the inner accretion region, likely the boundary layer and corona. This disruption explains the observed delays in the CCF and simultaneously quenches the conditions required for coherent oscillations, leaving only flat-topped noise in the PDS. We constrain the size of this unstable region in the inner region of accretion to be ∼10–40 km. In contrast, the symmetric CCFs and persistent oscillations (NBO/NBO+HBO) during URF events suggest a more stable, steady accretion flow. Although connecting the URF to a specific oscillation is difficult, its strong association with the NB phase of variation suggests a common underlying physical mechanism. Therefore,the CCF’s asymmetry acts as a powerful diagnostic,linking ballistic jets to disk instability and URFs to a stable accretion state. Various physical scenarios are discussed to understand the connection among X-ray CCFs,PDS,and radio ejections in Sco X-1.