Case Facts:
Patna High Court Cr.Misc. No.37093 of 2012 (2) dt.05-10-2012 IN THE HIGH COURT OF JUDICATURE AT PATNA Criminal Miscellaneous No.37093 of 2012 ====================================================== Pankaj Kumar @ Pankaj Sharma @ Karan Kumar @ Rahul son of late Tripati Narayan Sharma, resident of Village-Madhurapur, P.S.-Bidupur, District-Vaishali, at present Mohalla-Rajabazar Khajpura, P.S.-Shastrinagar, District-Patna. .... .... Petitioner Versus The State Of Bihar .... .... Opposite Party ====================================================== CORAM: HONOURABLE MR. JUSTICE RAJENDRA KUMAR MISHRA ORAL ORDER 2 05-10-2012 Heard learned counsel for the petitioner and the learned Additional Public Prosecutor for the State The petitioner is accused in Kadam Kuan P.S. Case No. 109 of 2012 registered under [STATUTE] . It has been submitted on behalf of petitioner that while the petitioner is named in the First Information Report along with others, in which it is alleged that the petitioner and others were snatched the gold chain from the neck of the informant and fled away but it would appear that snatched chain was recovered from the possession of Ashok Kumar Jha not on the possession of the petitioner and the petitioner is in custody since 13.03.2012. Having regard to the facts and circumstances of the case, the petitioner, is directed to be released on bail on his furnishing bail bond of Rs. 10,000/- (Rupees Ten Thousand) with Patna High Court Cr.Misc. No.37093 of 2012 (2) dt.05-10-2012 two sureties of the like amount each to the satisfaction of the learned Chief Judicial Magistrate, Patna, in connection with Kadam Kuan P.S. Case No. 109 of 2012, with a further condition that one of the bailors of the petitioner must be parent or close relative. Safik/- (Rajendra Kumar Mishra, J)

Applicable IPC Section: 411

Statute Text:
Section 411 of the Indian Penal Code. Dishonestly receiving stolen property knowing it to be stolen. Whoever dishonestly receives or retains any stolen property, knowing or having reason to believe the same to be stolen property, shall be punished with imprisonment of either description for a term which may extend to three years, or with fine, or with both.