S.TAMILVANAN
K. S. Palanichamy – Appellant
Versus
State rep. by the Inspector of Police, EOW Unit-II, Dindigul – Respondent
1. The revision has been preferred under Section 397 read with 401 of the Code of Criminal Procedure, seeking to set aside the order, dated 10.10.2011 made in Crl. M.P. No. 2645 of 2011 on the file of the Special Court for TNPID Act, Madurai.
2. It is seen that the Criminal Miscellaneous Petition in Crl. M.P. No. 2645 of 2011 had been filed by the respondent herein before the Court below under Section 167 (3) Cr.P.C, seeking police custody of the petitioner/accused for four days.
3. It is an admitted fact that the case was registered against the petitioner/accused under Sections 406 and 420 IPC and Section 5 of TNPID Act in Crime No. 2 of 2011 by the respondent. In connection with the criminal case, the petitioner/accused was arrested by police and remanded to judicial custody.
4. As per the prosecution case, the petitioner/accused along with the co-accused had collected money from various persons in the year 2009 by giving false assurance to pay monthly interest of Rs. 25,000/-, if anybody invest with them, a sum of Rs. 1,00,000/-, however failed to repay the money as well as the interest as assured by the petitioner and others and on the complaint given by the affected pers
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