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IN THE HIGH COURT OF KERALA AT ERNAKULAM
DR. KAUSER EDAPPAGATH, J
RAGITHCHUNGATH – Appellant
Versus
STATE OF KERALA – Respondent
| Table of Content |
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| 1. allegations of cyber crime and fraud involving significant financial loss. (Para 2 , 3) |
| 2. arguments presented by both parties regarding evidence and necessity of bail. (Para 4 , 5) |
| 3. court's observations on the applicant's innocence and pre-arrest bail justification. (Para 6) |
O R D E R
This application is filed under Section 482 of the Bharatiya Nagarik Suraksha Sanhita, 2023 (for short, BNSS ), seeking pre-arrest bail.
2. The applicant is the accused No.4 in Crime No.28/2024 of Cyber Crime Police Station, Ernakulam District. The offences alleged are punishable under Section 420 of the Indian Penal Code and Section 66D of the Information Technology Act, 2000 .
3. The prosecution case, in short, is that the accused impersonated as agents of “Institutional Traders” through Facebook and induced the de facto complainant to invest in IPOs by promising high returns, thereby cheated him of an amount of Rs.39,80,000/- through multiple transactions and thereby committed the offences.
4. I have heard Sri.Balram S.A., the learned counsel for the applicant and Sri.M.C.Ashi, the learned Senior Public Prosecutor. Perused the case diary.
5. The learned counsel for the applican
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