C.S.DIAS, J.

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Bail Appl. No. 14463 of 2025 ------------------------------------------------

Dated this the 9^th day of January, 2026 ORDER The application is filed under Section 483 of the Bharatiya Nagarik Suraksha Sanhita , 2023 (‘ BNSS ’, in short), by the 2^nd accused in Crime No.1678/2023 registered by the Cheranalloor Police Station, Ernakulam, alleging the commission of offences punishable under Sections 406 and 420 of the Indian Penal Code and Section 66 (D) of the Information Technology Act . The petitioner was arrested and remanded to judicial custody on 06.11.2025.

2. The gist of the prosecution case is that: during the period from 03.11.2023 to 11.11.2023, the accused persons had induced the defacto complainant to invest in a scheme named “UNO Coin” promising 50% profit. Although the defacto complainant transferred Rs.22,82,156/- to the accused, they failed to pay any profit and refused to return the capital. Thus, the accused have committed the above offences.

3. I have heard the learned counsel for the petitioner and the learned Public Prosecutor.

4. The learned counsel for the petitioner submits that the petitioner has been in j