IMPORTANT POINT
The main legal point established in the judgment is that the power of anticipatory bail should be exercised sparingly, especially in economic offences, and should be granted only in exceptional cases. Additionally, a substantive change in circumstances is required to entertain a successive bail application.

ORDER :

1. By way of the present successive anticipatory bail application filed under Section 438 of the Code of Criminal Procedure, 1973, the petitioner has prayed to release him on anticipatory bail in case of his arrest in connection with the FIR registered as C.R.No.11193063230003 registered with Cyber Crime Police Station, Rajkot.

2.1 The FIR is lodged by Mr. Rashminbhai Pramodsinh Pathiyar against seven persons. The petitioner is arraigned as accused no.5 in the said FIR. In the said FIR, the first informant claimed that before about 4½ years, Mr. Pankaj Jitendra Gohil of town Damnagar was polishing diamond at the factory of his father and thereafter there was a development of friendship with the first informant. However, after sometime the said person stopped working with the first informant and had gone to Surat. Before about 1½ year, said Mr. Pankaj Gohil visited the first informant at his residence and informed that he wanted to constitute and incorporate one company named and called as Ignite Game. It was also informed that, if anybody invest money in the said company, one would receive good returns. Said Mr.Pankaj Gohil also informed the first informant that he has two four wheel cars and has his own residence and has several other amenities. The first informant stated that he asked Mr. Pankaj Gohil about the sum, where Mr. Pankaj Gohil informed that, he alongwith his friend Mr. Hardik Vijay Vaghela, resident of Bhavnagar, have joined hands.

2.2 Mr. Hardik Vaghela was the Software Developer and he proposed to float Crypto Currency in the name of Ignite Game. Mr. Hardik Gohil informed that he has already prepared a software. It is the say of the first informant that said Mr. Hardik Gohil informed that alongwith Mr. Ganesh Bipin Joshi and Mr. Kalpesh of village Juvadar, Taluka Gadhada; Mr. Kalpesh Vasoya of village Halasiya; Mr. Satish Pratap Joshi Gol, resident of Timbarla, Santrampur, Panchmahal; Mr. Jagdish Madhubhai Narola, petitioner herein and Mr. Ghanshyam Vinubhai Nadoda are the partners in the said company. Since Mr. Hardik Vaghela, who is the Software Developer, is the partner, if the first informant invests money in the said company, he would get good returns. Relying upon said statement of Mr. Pankaj Gohil, Mr. Jayraj Barad; Mr. Praap Parmar; Mr. Vishnu Pari Goswami; Mr. Jayraj Parmar and Mr. Raj Dixit agreed to invest the money in Ignite Game. The first informant was informed that the investment made would be double within a period of 10 months and when anybody needs the money back, no cash would be paid, but same would be repaid in US DT, Bit Coin, BNB, TRON, ETHERIUM and BELIVER. The first informant was informed that all aforestated are the Crypto Currency and it will be converted as per the instruction of the investor. The first informant was inclined to invest the money, however, he had no knowledge about the Crypto Currency and, therefore, the first informant was informed that the first informant may pay him cash and he would login with the password and ID and he can see his balance of Crypto Currency on his ID with password. He was further informed that the ID would be only provided on the investment of 100 USDT. Therefore, the first informant and his brother Mr. Karansinh had paid money of Rs.3.20 lakhs in July, 2021; Rs.5 lakhs on July 25, 2021; Rs. 5 lakhs; Rs.10 lakhs on August 22, 2021; Rs. 5 lakhs on September 09, 2021; Rs.7 lakhs on September 28, 2021; Rs.6.40 lakhs on October 15, 2021; Rs.5.40 lakhs on November 10, 2021, in all paid Rs.42 lakhs at his residence at Damnagar and, therefore, there were 552 different IDs in the name of the first informant. The first informant further stated that by using his ID with password, the first informant would be able to see the balance of his Crypto Currency. However, before about five months from the date of lodging of the FIR, Mr. Pankaj Gohil was not picking up his mobile phone and he was not able to be contacted. Therefore, as per the first informant,