Case Facts:
Patna High Court Cr.Misc. No.17745 of 2012 (2) dt.30-04-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.17745 of 2012 ====================================================== 1. Noor Hassan @ Noor Hasan S/O Sah Nasir R/O Village - Kamaldaha, Ward No. 1, Police Station - Kurskanta, District - Araria .... .... Petitioner/s Versus 1. The State Of Bihar .... .... Opposite Party/s ====================================================== CORAM: HONOURABLE MR. JUSTICE ASHWANI KUMAR SINGH ORAL ORDER 2 30-04-2012 Heard learned counsels for the petitioner and the State. The petitioner seeks bail in a case instituted for the offence punishable under [STATUTE] . Taking into consideration the fact that the petitioner was arrested with an amount of Rs.50,000/- fake Indian currency note, out of which ten notes were of 1,000 denomination whereas eighty notes were of five hundred denomination, I am not inclined to grant bail to the petitioner. Accordingly, the same is dismissed. The trial court is directed to expedite the trial. Md.S./- (Ashwani Kumar Singh, J)

Applicable IPC Section: 489A

Statute Text:
Section 489A of the Indian Penal Code. Counterfeiting currency-notes or bank-notes. Whoever counterfeits, or knowingly performs any part of the process of counterfeiting, any currency-note or bank-note, shall be punished with imprisonment for life, or with imprisonment of either description for a term which may extend to ten years, and shall also be liable to fine.