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| Bail denied to two facing trial in 'fake currency' case | | | Early Times Report
Srinagar, Apr 2 : 1st Additional Sessions Judge Srinagar S C Gupta today rejected the bail applications of two accused who were involved in fake currency case.
Court after hearing both sides rejected the bail plea of Basharat Saleem Shah S/o Ab Kabeer Shah of Bangla Bagh Baramulla and Mohammad Yousuf Illahi S/o Ab Gaffar Illahi of Syed Karim Baramulla here today.
After hearing both the sides, 1st Additional Sessions Judge Srinagar S C Gupta observed that it can be said with certainty that there are strong accusation against the petitioners which proves prima facie their involvement in heinous and serious offence of counterfeiting Indian currency by hatching criminal conspiracy with the other accused. Courts are supposed to deal the accused with iron hands, who involved themselves into organized crime, like the one committed in this case, in order to re-impose the confidence of the public at large in the administration of justice and with these observations Court rejected the bail applications of both the accused persons According to the police case on 03/03/2014, Police Post Nehru park Srinagar received an information through their reliable sources that a group of person are engaged in carrying the business of fake Indian currency. It was further reported that one of the member of the group namely Arshad Ahmad Kaloo son of Gh Mohammad Kaloo resident of Nehru Park Srinagar is in possession of fake Indian currency. On the basis of this information, FIR No 29/2014 for commission of offences u/ss 489-A and 489-B of RPC was registered with the police station Ram Munshi Bagh, Srinagar. In the course of investigation, 15 number of accused were arrested and from their possession, fake Indian currency notes of an amount of Rs 9,10,500/- were recovered from them. It is however specifically mentioned that from the petitioner namely Basharat Saleem Shah, fake Indian currency notes of 19,000/- were recovered, whereas, from other petitioner namely Mohd Yousuf Allie, fake Indian currency notes of Rs28,000/- were recovered. It is further mentioned that the aforesaid Indian currency notes were given to them by kingpin of the group namely Masood-ul-Haq. It is further on record of the CD file that the aforesaid accused has made a confession while in police custody that fake Indian currency notes are being pumped from across the border. During the investigation it also surfaced that the accused have deposited the fake Indian currency notes in banks. (JNF) |
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