1 HIGH COURT OF JUDICATURE AT BOMBAY HIGH COURT OF JUDICATURE AT BOMBAY HIGH COURT OF JUDICATURE AT BOMBAY CRIMINAL APPELLATE JURISDICTION CRIMINAL APPELLATE JURISDICTION CRIMINAL APPELLATE JURISDICTION CRIMINAL APPLICATION NO.2785 OF 2005. CRIMINAL APPLICATION NO.2785 OF 2005. CRIMINAL APPLICATION NO.2785 OF 2005. Shri Mahendra Rajendrasingh Thakur. ...Applicant. V/s. The State of Maharashtra. ...Respondent Shri V.D.Raut, for applicant. Shri A.S.Gadkari, APP for respondent. CORAM: A.M.KHANWILKAR,J CORAM: A.M.KHANWILKAR,J CORAM: A.M.KHANWILKAR,J DATE : MAY 2, 2005 DATE : MAY 2, 2005 DATE : MAY 2, 2005 P.C. :- P.C. :- P.C. :- 1. Heard counsel for the parties. 2. As the investigation is still in progress and having regard to the seriousness of the offence, being one of the interstate gang operating to commit offence under section 489(A), 489(C) etc. not a case for bail. 4. In as much as the applicant was found in possession of 16 counterfeit notes of Rs.50 denomination each and no explanation is forthcoming from the applicant. Accordingly, this application is rejected. 2 3. The learned APP on instructions states that even if, co-accused are not arrested, the Investigating Officer will proceed to file chargesheet, in so far as the present applicant is concerned within two weeks. 4. All contentions,in so far as the application of section 489(A) to the applicant is concerned, can be considered after filing of the chargesheet. It will be open to applicant to apply for fresh bail before the appropriate court after filing of chargesheet, which will be considered on its own merit, uninfluenced by the observations made by this court.