IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE R.BASANT FRIDAY, THE 14TH DECEMBER 2007 / 23RD AGRAHAYANA 1929 Bail Appl..No. 7698 of 2007() ----------------------------- CRIME NO.336/07 OF KATTAKKADA POLICE STATION .................... PETITIONER/ACCUSED ----------------------------------- SANAL, S/O APPU, MEKKUMKARA VELLANTHI VEEDU, (ABHI BHAVAN), ARUVIKKARA, KARANALLOOR DESOM, MARANALLOOR VILLAGE. BY ADV. SRI.T.A.UNNIKRISHNAN SRI.K.SATHEESH KUMAR RESPONDENTS: COMPLAINANT ------------------------ STATE OF KERALA, REPRESENTED BY PUBLIC PROSECUTOR, HIGH COURT OF KERALA, ERNAKULAM. BY PUBLIC PROSECUTOR SRI. S.U. NAZAR. THIS BAIL APPLICATION HAVING COME UP FOR ADMISSION ON 14/12/2007, THE COURT ON THE SAME DAY PASSED THE FOLLOWING: R. BASANT, J. - - - - - - - - - - - - - - - - - - - - - - B.A.No. 7698 of 2007 - - - - - - - - - - - - - - - - - - - - - - Dated this the 13th day of December, 2007 O R D E R Application for regular bail. The petitioner faces allegations of cheating and misappropriation of funds. The crux of the allegations is that he induced gullible victims to part with amounts, which he accepted as deposits on the promise to return them. He allegedly had no intention to return the amounts and the purpose was always to misappropriate them after some how inducing to part them with such amounts. Several depositors were taken for a ride and an amount of about Rs. 22 Lakhs has thus been brought into the coffers of the petitioner. Crime was registered. In the course of investigation the petitioner was arrested on 13.11.2007 and he continues in custody from that date. 2. The learned counsel for the petitioner prays, the learned Prosecutor does not seriously oppose the said prayer and I am satisfied that the petitioner can now be enlarged on bail subject to appropriate terms and conditions. B.A.No. 7698 of 2007 2 3. In the result: 1) This application is allowed. 2) The petitioner shall be released on bail on the following terms and conditions. (a) He shall execute a bond for Rs.2,00,000/- (Rupees two lakhs only) with two solvent sureties each for the like sum to be satisfaction of the learned Magistrate. (b) He shall make himself available for interrogation before the Investigating Officer between 10 a.m. and 12 noon. on all Mondays and Fridays for a period of three months and thereafter as and when directed by the Investigating Officer in writing to do so. (R. BASANT) Judge tm