Dated this the 30th day of May, 2024 This is an application for regular bail, filed by the petitioner, who is the 14th accused in Crime No.134/2024 of Karunagapilly Police Station, where the prosecution alleges commission of offences punishable under Sections 420 , 34 of the Indian Penal Code and Section 66D of Information Technology Act 2000 .

2. Heard the learned counsel for the petitioner, the learned Public Prosecutor and the learned counsel appearing for the defacto complainant. Perused the case records in detail.

3. The prosecution allegation is that accused Nos. 1 to 14 misappropriated Rs.8,72,700/- from the defacto complainants (95 in number) with offer to conduct beneficiary task trading business and to give profit therefrom after publishing the said business through Google platform. Then the amount was misappropriated without giving the principal sum or the interest.

4. The learned counsel for the petitioner would submit that the petitioner is innocent and he has been in custody since 21.03.2024 and is liable to be released on bail taking note of his custody and the progress of investigation. Further the petitioner is a first time offender.

5. Since the petitioner has