Telangana High Court

CRLP/9259/2012 of Nelli Koteswara Rao Vs The State of A.P., through S.H.O., on 28 December 2012

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SRI JUSTICE B.SESHASAYANA REDDY Criminal Petition No. 9259 of 2012 ORDER: The petitioners are A -1 and A -2 in Cr.No.679 of 2012 of S.N.Puram P.S., Vijayawada City, registered for the offence under section 489(B) (C) read with Section 34 of I.P.C. The petitioners are accused of

THE HON’BLE SRI JUSTICE B.SESHASAYANA REDDY

Criminal Petition No. 9259 of 2012

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ORDER:

The petitioners are A-1 and A-2 in Cr.No.679 of 2012 ofS.N.Puram P.S., Vijayawada City, registered for the offence undersection 489(B) (C) read with Section 34 of I.P.C.

The petitioners are accused of involving in circulation of fakecurrency notes. They are found to be in possession of fake currencynotes worth of Rs.5,00,000/- (Rupees five lakhs only) each on03.11.2012. The particulars of the fake currency notes seized from thepossession have been detailed in the mediators report dt:03.11.2012.

Heard learned counsel appearing for the petitioners andlearned Addl. Public Prosecutor appearing for the respondent/State.

It is contended by the learned counsel appearing for thepetitioners that recovery of fake currency notes worth of Rs.5,00,000/-(Rupees five lakhs only) each from the possession of the petitioners isa concocted one and they are in no way involved in circulation of fakecurrency notes.

Learned Addl. Public Prosecutor appearing for therespondent/State opposed the application on the ground thatinvestigation is pending.

As seen from the material placed on record, fake currency notesworth of Rs.5,00,000/- (Rupees five lakhs only) each, came to beseized from the possession of the petitioners. Investigation is stated tobe pending. In that view of the matter, I am not inclined to grant bail tothe petitioners.

Accordingly, the Criminal Petition is dismissed.

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B.SESHASAYANA REDDY, J

28.12.2012

GM

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