The Court grants bail after considering the nearly complete investigation and conditions to prevent witness tampering.

ORDER

This is an application filed under Section 483 of the Bharatiya Nagarik Suraksha Sanhita ( BNSS ), 2023.

2. The petitioner is accused No.1 in Crime No.837 of 2025 of Wadakkancherry Police Station, Thrissur District. The offence alleged against the petitioner and the other accused is punishable under Section 112 (2) of the Bharatiya Nyaya Sanhita ( BNS ), 2023.

3. The prosecution case, as narrated in Annexure A2 order reads thus:

“the accused committed a financial crime by withdrawing Rs. 2,20,000/- and Rs. 4,10,000/-on 28.04.25 using the accused's account bearing No. 42086960219 in Padinjare Kotta SBI Bank on behalf of organized financial crimes in various places, with the intention and care to make financial profit as a member of the group that illegally participated in financial crimes for the accused’s excessive profit.”[sic]

4. The petitioner was arrested on 31.10.2025 and he has been in judicial custody since then.

5. Heard the learned counsel for the petitioner and the learned Public Prosecutor.

6. The learned counsel for the petitioner submitted that the petitioner is innocent of the allegations levelled against him and he has been falsely implicated in the crime. It is further submitted that the investigation is practically over and further detention of the petitioner is not required.

7. The learned Public Prosecutor opposed the bail plea of the petitioner. It is submitted that the petitioner had already approached this Court seeking bail under Section 483 of the Bharatiya Nagarik Suraksha Sanhita ( BNSS ), 2023 by filing B.A.No.13574 of 2025 and the same was dismissed as per Order dated 18.11.2025 (Annexure A3) finding that the offence alleged against the petitioner is grave in nature and release of the petitioner at this stage will adversely affect the progress of investigation.

8. Having regard to the fact that the investigation is almost complete and also considering the tenure of judicial custody undergone by the petitioner, I feel that the petitioner is entitled to be released on bail on conditions.

In the result, the Bail Application is allowed as follows:

(a) The petitioner is ordered to be released on bail on his executing bond for Rs.50,000/- (Rupees Fifty Thousand Only) with two solvent sureties each for the like sum to the satisfaction of the jurisdictional court.

(b) The petitioner shall appear before the Investigating Officer on all Mondays, Wednesdays and Fridays between 10A.M. and 11 A.M. for a period of three months or till the final report is filed, whichever is earlier.

(c) The petitioner shall surrender his passport before the jurisdictional court. If he has no passport, the petitioner shall file an affidavit to that effect.

(d) The petitioner shall not try to influence the prosecution witnesses or attempt to tamper with the evidence.

(e) The petitioner shall not commit any similar offence while on bail.

(f) If any of the bail conditions are violated by the petitioner, the jurisdictional Court will be at liberty to cancel the bail, in accordance with law.