AB 1110/2011 BEFORE HON\BLE MR JUSTICE B D AGARWAL Heard Mr. P Sharma, learned counsel for the petitioner. Also heard Mr. BB Gogoi , learned Additional Public Prosecutor for the State. This application under section 438 of the Cr.P.C. has been filed by accused peti tioner namely, Papumoni Borah seeking pre-arrest bail apprehending his arrest i n connection with Nagaon Police Station Case No. 496 of 2011 under sections 406 /420/120 (B) of the Indian Penal Code . Perused the case diary. The allegation against the petitioner is that after opening a Company in the nam e of Popular Networking Marketing Pvt. Ltd., the petitioner had lured a large nu mber of villagers to deposit money in his Company and thereafter, the petitioner has closed the said company without refunding their investment. Mr. Sharma, learned counsel submitted that the office of the petitioner was shif ted from one place to another, since it was being run from a rented premises. Ho wever, no document has been annexed as to whether the aforesaid company is still existing and that the petitioner is refunding the investment to the beneficiary or getting benefit with the scheme. On the other hand, large number of witness es have stated that they have been cheated and duped by the petitioner. Hence, it is not a fit case to grant anticipatory bail. Accordingly, this anticipatory bail application stands rejected.