( 1 ) THE petitioner is the original accused, who came to be arrested on 22nd October, 2002, in connection with C. R. No. I-452 of 2002 registered with Naranpura Police Station for the offences punishable under Secs. 167, 406, 409, 467, 468, 471, 477 read with Sec. 120b of the Indian Penal code and also under Sec. 46 of the Banking Regulation Act. The petitioner has introduced himself in Paragraph 2 of the memo of the petition as a law- abiding citizen of the country, having graduated in Science and Law. It is contended that he had started legal practice in the year 1953 and joined public life in the year 1960 as a Social Worker at Visnagar. It is not necessary to mention various activities mentioned in Paragraph 2 of the memo of the petition because these aspects were brought to the notice of the Court initially when the petitioner had approached this Court for bail after his arrest and when he had attempted to get regular bail even pending investigation of the crime. But in short, the say of the petitioner is that he is a man of very high reputation in the society as well as in the co-operative movement in the State of Gujarat. He has served as a Member of Legislat