..(1).. IN THE HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL APPLICATION NO.2077 OF 2008 Shri Muneer Mohammed Aboobakar. ..Applicant. Versus Versus Versus The State. .. Respondent. .... Mr.Milan Desai, Adv. h/f. Ms.Saeeda Shaikh, Adv. for applicant. Mr.K.V.Saste, APP, for the State. .... CORAM : SMT.V.K.TAHILRAMANI,J. CORAM : SMT.V.K.TAHILRAMANI,J. CORAM : SMT.V.K.TAHILRAMANI,J. DATED : 24th July, 2008. DATED : 24th July, 2008. DATED : 24th July, 2008. P.C.: 1. Heard the learned Advocate for the Applicant and the learned APP for the State. 2. The applicant is seeking bail in C.R.No.223 of 2006 of J.J. Marg police station (now C.R. No.121 of 2006 of DCB CID Unit-I). The said case is under Sections 489(a), 489(b) and 489(c) of IPC. 3. The applicant was found in possession f the counterfeit currency notes of the value of Rs.29 lakhs. The said notes were in the denomination of Rs.1000/- and Rs.500/-. ..(2).. 4. The learned Advocate for the applicant submitted that the applicant is only a carrier and he has not used the notes hence section 489(b) is not attracted. However it is seen that the applicant was found in possession of counterfeit notes worth Rs.29 lakhs. The offence is of a very serious nature which affects the economy of the country. Hence, I do not think that this is a fit case to grant bail. Application for bail is rejected. (SMT.V.K.TAHILRAMANI,J.) (SMT.V.K.TAHILRAMANI,J.) (SMT.V.K.TAHILRAMANI,J.)