- 1 - VPH IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL APPLICATION No. 477 OF 2008 Mohd. Ansarul Israil Haque Applicant vs. The State of Maharashtra Respondents Mr. K. S. Patil , Advocate for the applicant Mr. K. V. Saste, APP for the respondent. CORAM : D. G. KARNIK, J. DATE : MARch 12, 2008. PC 1. Heard. 2. The applicant has been arrested on 27-4-2007 in connection with crime No. 52 of 2007 registered with Panhala Police Station, District Kolhapur for the offences punishable under section 489(B), 489(C), 201, 420 read with 34 of I.P.C. By this application he seeks bail. 3. The prosecution case in short is that the applicant had been to the shop of the complainant for purchase of certain goods. The applicant tendered one note of Rs.500/-. The complainant suspected about the genuineness - 2 - of the currency note and therefore, did not accept that note. The complainant saw a bundle of currency notes of Rs.500/- in the pocket of the applicant. The complainant, therefore, immediately phoned Panhala Police Station and the applicant was caught by the police. While on the way to police station, the applicant threw 65 notes in the gutter which were also seized and recovered. Despite the applicant throwing 65 forged currency notes in the gutter, he was still found possessing 5 fake currency notes. 4. In my view there is prima-facie evidence connecting the applicant to the crime. Offence of circulating forged currency notes is a serious offence which affects economy of the country. In the circumstances, applicant cannot be granted bail at this stage. Hence, the application for bail is rejected. [ D. G. KARNIK, J.]