The application is filed under Section 439 of the Code of Criminal Procedure by the 8th accused in Crime No.214 of 2024 of the Venagara Police Station, Malappuram, registered against the accused for allegedly committing the offences punishable under Section 420 of the Indian Penal Code and Section 66D of the Information Technology Act, 2000 . The petitioner was arrested on 09.05.2024.

2. The gist of the prosecution case is that: the accused, in furtherance of their common intention, made a deceitful advertisement for online investments and induced the de facto complainant to invest Rs.1,08,42,222/- in a portal named "Black Rock Angle One". Although the de facto complainant invested the money in the bank account of the accused, the accused did not pay any profit or return the capital. The specific overt act alleged against the 8th accused is that he provided sim cards using the identity cards of the local people, without their knowledge to enable the accused to commit the above offences. Thus, the accused have committed the above offences.

3. Heard Sri.K.Rakesh, the learned counsel for the petitioner and Sri.C.S Hrithwik, the learned Public Prosecutor.

4. The learned counsel for