IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE N.K.BALAKRISHNAN TUESDAY, THE 27TH DECEMBER 2011 / 6TH POUSHA 1933 Bail Appl..No. 10401 of 2011() ------------------------------ CBCID CRIME No.44/CR/S1/2009 OF THE CBCID, OCW-I, SUB UNIT KOLLAM (CRIME NO.65/2009 OF OACHIRA POLICE STATION) -------------------------- PETITIONER/5TH ACCUSED :- -------------------------------------------- SHIHABUDEEN, S/O.SHAJI, AGED 29 YEARS, MAMPARAYIL VEEDU, SOORANADU TALUK, SOORANADU VILLAGE, KOLLAM. BY ADV. SRI.V.G.ARUN SRI.T.R.HARIKUMAR RESPONDENT(S)/COMPLAINANT :- -------------------------------------------------- STATE OF KERALA, REPRESENTED BY THE PUBLIC PROSECUTOR, HIGH COURT OF KERALA, ERNAKULAM-682 031. PUBLIC PROSECUTOR SRI.N.SURESH THIS BAIL APPLICATION HAVING COME UP FOR ADMISSION ON 27/12/2011, THE COURT ON THE SAME DAY PASSED THE FOLLOWING: jvt N.K.BALAKRISHNAN, J. -------------------------------- B.A. No.10401 of 2011 ------------------------------- Dated this the 27th day of December 2011 O R D E R Petitioner is the 5th accused in Crime No.65/2009 of Oachira Police Station. It is now under investigation by the CBCID where it was registered as Crime No.44/CR/S1/2009. The offences alleged against the accused are under Secs.489(B) and 489(C) of IPC. In the investigation revealed the complicity of accused Nos.2 to 6 also. Accused No.5 was not arrested earlier. Even now, accused No.6 has not been arrested. 2. The allegation is that petitioner has received fifty counterfeit currency notes of the denomination of Rupees One Thousand from accused No.6, both of them knowing that they were dealing with counterfeit currency notes. The other accused, A6 is still behind the screen. The punishment prescribed for the said offence is imprisonment B.A. No.10401 of 2011 -: 2 :- for the life. 3. This petitioner has been in judicial custody from 21.11.2011 onwards. Hence the learned counsel submits that he may be granted bail. It is also submitted that the other accused persons were granted bail. 4. Learned Public Prosecutor has strongly opposed the petition. That the other accused persons were granted bail is not a reason to grant bail to this petitioner since there are serious allegations against this petitioner that he received counterfeit currency notes. Dealing or trafficking in counterfeit currency notes cannot be viewed lightly. It would destabilize the national economy and is likely to subvert or sabotage the national security and integrity. If counterfeiters are let loose they will try to form a parallel government of their own. If the accused is released on bail at this stage, he is likely to tamper the evidence and influence or terrorise the witnesses. There is also likelihood of his fleeing from the course of justice. Learned Public B.A. No.10401 of 2011 -: 3 :- Prosecutor submits that the source of the counterfeit currency notes also has to be unearthed. It is also stated that the information is that counterfeit notes of Crores of rupees have been brought to the State/Country from a foreign country. The investigation is still in progress. Considering the gravity of the offence, this bail application is dismissed. N.K.BALAKRISHNAN, JUDGE. Jvt