1 CA-3768.10 IN THE HIGH COURT OF JUDICATURE AT BOMBAY APPELLATE SIDE  CRIMINAL CRIMINAL APPLICATION NO.3768 OF 2010 Mukesh Ranjitmal Raka alias Jain .... Applicant Vs. The State of Maharashtra .... Respondent Shri K.M. Tripathi for the Applicant. Ms R.V. Newton, APP, for the State. CORAM: R.C. CHAVAN, J. DATED: OCTOBER 01, 2010 P.C: The applicant is one of the nine accused who allegedly ran a racket of stealing cheques and then encashing such stolen cheques. A sum of Rs.9,49,000/- was withdrawn by the accused persons in this fashion. Out of this sum, a sum of Rs.2,38,000/- has been recovered from the co-accused. All of them have been bailed out. The learned counsel for the applicant states that in order to show his bona fide the applicant will deposit a sum of Rs. 30,000/- without prejudice to his rights and that he may be admitted to bail. The learned APP could not point out as to what is the role 2 CA-3768.10 of the applicant as distinguished from those who have been admitted to bail. In view of this, the applicant be released on bail in C.R. No.I-308 of 2008 of Bhiwandi City Police Station on his furnishing P.R. Bond in the sum of Rs.25,000/- with one or more solvent sureties in the sum aggregating to Rs.25,000/-. The applicant shall deposit a sum of Rs. 30,000/- in the Court of the J.M.F.C., Bhiwandi within two weeks. The learned Magistrate shall invest the amount in an interest earning fixed deposit in any nationalised Bank and shall deal with the same as if it is the property in the case at the end of the trial, as per the result of the trial. The application accordingly stands disposed of. (R.C. CHAVAN, J.)