ORDER

1. Leave granted.

2. This appeal is filed questioning the order dated 25.07.2018 passed by the Madurai Bench of the Madras High Court in Crl. O.P. (MD) No. 9348 of 2018 granting anticipatory bail in favour of Respondent No.1.

3. Respondent No.1 is the accused (hereinafter "the accused") in Crime No. 364 of 2017 registered at SIPCOT Police Station, District Thoothukudi, Tamil Nadu for the offences punishable under Sections 420, 465, 467, 468 and 472 of the Indian Penal Code (for short "the IPC"). The allegations against the accused as found in the First Information Report (FIR) are that he had furnished two forged Bank Guarantees each amounting to Rs.5,00,00,000/- (Rupees Five Crores) to the Appellant in lieu of the services of the Appellant. Initially, the FIR was registered for milder offences. However, the High Court passed an order directing the police to alter the offences suitably, and accordingly, the FIR was altered by adding Sections 467, 468 and 472 of the IPC. The accused was absconding during that time. The High Court directed the police to arrest him and report to the Court by 22.12.2017. Despite the same, the accused was not arrested. Ultimately, on 02.01.2018, h