THE HON'BLE SRI JUSTICE B.SESHASAYANA REDDY Criminal Petition No.1492 of 2012 ORDER:- The petitioner is A.1 in C.C.No.1 of 2011 on the file of the Metropolitan Sessions Judge, Vijayawada. The accusation made against the petitioner is that he along with other accused opened branches all over India including Vijayawada and collected money from various depositors by advertising attractive offers. L.Ws.1 to 6 responded to the advertisement and deposited the money. L.W.1 – Mareedu Nagendra Rao, L.W.2 – Chillapalli Venugopal, L.W.3-Godugula Meenakshi Sailaja, L.W.4-Gangaraju Satya Chitra, L.W.5 – Gangisetti Anuradha and L.W.6 – P.Venkata Subbayya deposited amounts with the petitioner to a tune of Rs.6,82,637/-. After paying monthly compensation for few months, the petitioner stopped paying the amount to beneficiaries and thereby cheated them. Heard learned Counsel appearing for the petitioner and learned Additional Public Prosecutor appearing for the respondent-State. Learned Counsel appearing for the petitioner submits that the petitioner has been in judicial custody since last one and a half year and therefore he deserves for grant of bail. Learned Additional Public Prosecutor appearing for the respondent-State opposed the application. As seen from the charge-sheet averments, the petitioner is involved in various crimes. If he is admitted to bail, there is every possibility of his not facing the trial. In that view of the matter, I am not inclined to grant bail to the petitioner. However, there shall be a direction to the Metropolitan Sessions Judge, Vijayawada, to expedite the trial in C.C.No.1 of 2011 and conclude the same as expeditiously as possible preferably within a period of one month. Accordingly, the Criminal Petition is dismissed. _________________________ B.Seshasayana Reddy, J 15th February, 2012 Note:- Issue copy by 21-2-2012 (B/o.smr)