JUDGMENT :

S.K. Sahoo, J.

The petitioner who is posted as Deputy Superintendent of Police, District Intelligence Bureau (DIB), Nayagarh under the State Government has approached this Court in an application under section 438 Cr.P.C. apprehending arrest in connection with CBI/SCB/KOL Case No. RC.47/S/2014-KOL. dated 5.6.2014 registered under sections 120-B, 294, 341, 406, 420, 467, 468, 471, 506 read with section 34 Indian Penal Code and Sections 3, 4 & 5 of Prize Chits and Money Circulation Schemes (Banning) Act, 1978 which arises out of Kharavelnagar P.S. Case No.44 dated 7.2.2013 and other cases registered against the officials of Artha Tatwa Group of Companies at different police station in the State of Odisha.

As it appears the aforesaid Kharvelnagar P.S. Case No.44 of 2013 was instituted on the First Information Report submitted by one Sri Sukumar Panigrahi before the Inspector-in-charge, Kharvelnagar Police Station, Bhubaneswar on 7.2.2013 and the case was registered under sections 420, 120-B and 406 Indian Penal Code against 13 accused persons namely Pradeep Sethy, Manoj Pattnaik, Lakhia Sahoo, Satyabrat Padhi, P.K. Swain, Krushna Padhi, Sambit Lenka, Ashok Kar, Jhuma Chakrabar