AB 3891/2011 BEFORE THE HON’BLE MR JUSTICE A.C. UPADHYAY. This is an application under Section 438 CrPC seeking pre-arrest bail on behalf of the petitioners Md. Alauddin @ Md. Alauddin Sheikh, Abdul Karim and Md. Mofid ul Islam in connection with B.I.(EO) PS No.29/2011 under Section 120(B)/406/420/ 506 IPC read with Sections 4/5/6 of Prize Chits and Money Circulation Scheme (Ba nning) Act, 1978. Heard Mr. H.R.A. Choudhury, learned counsel appearing for the petitioner and Mr. B.B. Gogoi, learned Addl. Public Prosecutor for the State. Perused the case diary and the materials on record. Learned counsel for the petitioner submits that the petitioners were investors a nd the entire amount was collected in the bank account. On perusal of the materi als on record, it appears that the petitioners were working as agents of the com pany and there is no sufficient incriminating materials warranting custodial in terrogation of the petitioner. Considering the materials on record and the progress of the investigation, I am of the considered opinion that the petitioners can be extended the privilege of pre-arrest bail. Accordingly, it is directed that in the event of the arrest of the petitioners a bovenamed in the aforesaid case, they shall be released on bail of Rs.20,000/- e ach with one local surety of the like amount to the satisfaction of the arrestin g authority on condition that they shall co-operate with the investigation of th e case and shall appear before the I/O as and when directed. Bail application stands disposed of.