Manindra Mohan Shrivastava, J.

1. This petition under Section 482 of the Code of Criminal Procedure (in short "the Cr.P.C.") has been preferred by the petitioners against order dated 25-8-2014 passed in Criminal Revision No. 56/2014, dismissing revision of the petitioners. Police Station, Bakimongra, District Korba registered crime under Crime No. 76/2014 against the petitioners on the allegation that they have committed offence under Section 420/34, I.P.C. and Sections 4, 5 of the Prize Chits and Money Circulation Schemes (Banning) Act, 1978 (in short "the Act"). The petitioners were arrested on 14-5-2014 and produced before the Magistrate on the same date for remand up to 16-5-2014. As according to the petitioners, charge-sheet was not filed within a period of 60 days from the date of remand, i.e., on or before 13-7-2014, an application for grant of default bail under Section 167(2) of the Cr.P.C. was filed. That application was, however, rejected on 15-7-2014. Aggrieved by rejection of application, revision was preferred before the Sessions Judge, which too has been dismissed, giving rise to this petition.

2. Submission of learned Counsel for the petitioners is that the petit