Case Facts:
Patna High Court Cr.Misc. No.37904 of 2011 (3) dt.19-01-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.37904 of 2011 ====================================================== Panchanand Kumar @ Panchanand, S/O-Sri Bhagwan Prasad Gupta .... .... Petitioner/s Versus The State Of Bihar .... .... Opposite Party/s ====================================================== ====================================================== CORAM: HONOURABLE MR. JUSTICE HEMANT KUMAR SRIVASTAVA ORAL ORDER (Per: HONOURABLE MR. JUSTICE HEMANT KUMAR SRIVASTAVA) 3 19-01-2012 Heard learned counsel for the petitioner as well as learned Additional Public Prosecutor for the State. Petitioner is in jail custody since 02.08.2011 in a case initially, registered under [STATUTE] and later on, [STATUTE] was also added. Petitioner is not named in the first information report. Allegedly, stolen iron rods were recovered from a pick-up van and the petitioner was found sitting on the said pick-up van. The aforesaid pick-up van was standing in front of house of one Rudal Mandal. Learned counsel for the petitioner submits that, as a matter of fact, petitioner is a bona fide purchaser and he had purchased the aforesaid iron rods from Rudal Mandal. Patna High Court Cr.Misc. No.37904 of 2011 (3) dt.19-01-2012 Considering the aforesaid facts and circumstances as well as submissions of the parties, let the petitioner be released on bail on furnishing bail bonds of Rs. 10,000/- (Ten Thousand) with two sureties of the like amount each to the satisfaction of Chief Judicial Magistrate, Munger in connection with Bariarpur P.S. Case No. 75 of 2011. SHAHZAD ANWER/- (Hemant Kumar Srivastava, J)

Applicable IPC Section: 379

Statute Text:
Section 379 of the Indian Penal Code. Theft. Whoever commits theft shall be punished with imprisonment of either description for a term which may extend to three years, or with fine, or with both.