1 Appln 4698-10 Anand IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL APPLICATION NO.4698 OF 2010 Saftulla Rahematulla Choudhari ..Applicant V/s. The State of Maharashtra ..Respondent Mr.C.R.Mishra with Mr.P.R.Yadav, Advocate, for the Applicant Mrs.P.P.Bhosale, APP, for the Respondent - State CORAM : R.C.CHAVAN, J. DATE : 16TH NOVEMBER, 2010 P.C. . This is an application for bail by a person who is arrested in connection with C.R.No.24 of 2010 for the offence punishable under Sections 395, 342, 412 of the Indian Penal Code read with Section 4,25 of the Arms Act registered with Shikapur Police Station (Gramin), Pune & who is allegedly receiver of stolen property. There was dacoity in which the goods worth Rs.11,84,000/- were stolen. The miscreants are alleged to have sold 2500 2 Appln 4698-10 Kg lamination sheets to the applicant. Out of them 1210 Kg lamination sheets worth Rs. 2,01,160/- have been recovered from the applicant. The learned Counsel for the applicant submits that applicant is a broker dealing in scrap and has nothing to do with the dacoity. All the same, in order to show bona fides, his client is ready to deposit a sum of Rs.1,00,000/- with the trial Court. The learned APP has strong objection. She submits that investigation is not complete and therefore, applicant may not be bailed out. Considering the allegations made against the applicant and the fact that already goods worth Rs.2,01,160/- has been recovered from the applicant and applicant is ready to deposit a sum of Rs.1,00,000/-, applicant's being in jail pending the trial may not be necessary. 2. In view of this, applicant be released on bail on his furnishing P.R.Bond of Rs. 3 Appln 4698-10 25,000/- with one or more solvent sureties in the like amount of Rs.25,000/- on the condition that he shall deposit a sum of Rs. 1,00,000/- with the Court of Sessions, Pune within a week which the learned Sessions Judge shall invest the said amount in interest earning deposit in a Nationalized Bank and deal with it at the end of the trial as per the result of the trial. If the amount is not so deposited, the order shall stand revoked. The applicant shall attend Shikapur Police Station(Gramin), Pune on the 1 st Sunday of every month between 10:00 to 1:00 p.m. till the trial is over. 3. Criminal Application is disposed of. (R.C.CHAVAN, J.)