JUDGMENT

Arvind Singh Sangwan, J. - Prayer in this petition, filed under Section 439 Cr.P.C., is for grant of regular bail to the petitioner in case/FIR ECIR No. ECIR/JLZO/21/2021 dated 30.11.2021 for the offence under Section 3, punishable under Section 4 of the Prevention of Money Laundering Act, 2002 (for short 'PMLA'), District Jalandhar.

2. Learned senior counsel, appearing for the petitioner, has submitted that the petitioner is not involved in any other case; he is in custody for the last about 05 months, that is w.e.f. 03.02.2022, and the investigation in all respect is complete; a formal complaint is already filed before the competent Court of law, therefore, the petitioner is no more required for any further custodial investigation.

3. Brief facts of the case are that on 20.05.2017, in an E-Auction conducted by the Mining Department, one Kudratdeep Singh was the successful bidder for Rs. 4.04 crores and was allotted a sand mine measuring 4.41 hectares in village Malikpur, District S. B. S. Nagar. Later on, finding that the location of the land is not clear, he got the same demarcated through Halqa Patwari on 16.08.2017 and found that the location of the land is on southern s