AB 709/2011 BEFORE HON’BLE MR.JUSTICE B D AGARWAL This application under Section 438 Cr.P.C. has been filed by the petitioner name ly Abdus Samad and Abdur Rahman praying for bail, apprehending their arrested in connection with Chhaygaon P.S.Case No.24 of 2011 U/Ss 420/406/34 of the Indian Penal Code. Heard Mr.J.Ahmed, learned counsel for the petitioners and Mr.B.S.Sinha, learne d additional public prosecutor, Assam. Also perused the case diary. The allegations against the petitioners are that by floating a multi marketing company the accused persons promised abnormally high return against the deposits and now the accused persons have failed to refund their money and their company has also been closed. In view of the gravity of offence, I am not inclined to grant anticipatory bail to the petitioners and accordingly, the bail prayer is rejected.