IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE R.BASANT THURSDAY, THE 29TH NOVEMBER 2007 / 8TH AGRAHAYANA 1929 Bail Appl..No. 7335 of 2007() ----------------------------- (CRMP.12510/2007 of J.M.F.C.,CHALAKUDY CRIME NO.496/06 OF KORATTY POLICE STATION) .................... PETITIONER/ACCUSED ----------------------------------- PARAMESWARAN,S/O.KOCHAYYAPPAN AMBATTUPARAMBIL HOUSE KATTIPOKKAM. BY ADV. SRI.A.C.DEVY RESPONDENTS: COMPLAINANT ------------------------ STATE OF KERALA REP. BY PUBLIC PROSECUTOR HIGH COURT OF KERALA ERNAKULAM. BY PUBLIC PROSECUTOR SRI.JAI GEORGE THIS BAIL APPLICATION HAVING COME UP FOR ADMISSION ON 29/11/2007, THE COURT ON THE SAME DAY PASSED THE FOLLOWING: R. BASANT, J. ```````````````````````````````````````````````````` B.A. No. 7335 OF 2007 B ```````````````````````````````````````````````````` Dated this the 29th day of November, 2007 O R D E R Application for regular bail. The petitioner faces allegations in a crime registered under section 489B & C IPC on 23.10.07. The petitioner allegedly handed over to a petrol bunk a bundle of 100 notes of rupees fifty denomination which contained 50 genuine currency notes and 15 counterfeit currency notes. They were arranged skillfully one after the other – i.e., one genuine note followed by one fake currency note. The alleged incident took place on 22.11.06. In the course of investigation, it is revealed that to another petrol bunk 36 counterfeit currency notes were handed over by the petitioner. All the counterfeit notes bear the same serial number. The petitioner was arrested on 23.10.07. Investigation is in progress. 2. The learned counsel for the petitioner submits that the petitioner is innocent and at any rate, he who was remained in custody from 23.10.07, may now be enlarged on bail. 3. The learned Public Prosecutor opposes the BA.7335/07 : 2 : application. The learned Public Prosecutor submits that the investigation is not complete. The counterfeit squad has only recently taken over the investigation. The criminal antecedents of the petitioner will have to be checked and verified. Reasonable further time may be granted to the investigator to complete the investigation, it is prayed. 4. Having considered all the relevant inputs, I find merit in the opposition raised by the learned Public Prosecutor. I am satisfied that the petitioner does not deserve to be enlarged on bail at this early stage of investigation. 5. In the result, this petition is dismissed. However, I may hasten to observe that the petitioner shall be at liberty to move this court or the Sessions court for bail again at later stages of the investigation not, at any rate, prior to 13/12/2007. The investigator shall, in the meantime, make every endeavour to complete the investigation. (R.BASANT, JUDGE) aks