THE HON’BLE SRI JUSTICE K. SREENIVASA REDDY Criminal Petition No.2760 of 2025 Order: This Criminal Petition, under Section 482 of the Bharatiya Nagarik Suraksha Sanhita, 2023, has been filed by the petitioner herein/A1, seeking anticipatory bail, in connection with Crime No.3 of 2025 of Kadiri Rural Police Station, Sri Sathya Sai district. 2. A case has been registered against the petitioner herein and others for the offences punishable under Sections 179, 318(4) read with 3(5) of the Bharatiya Nyaya Sanhita, 2023. 3. Case of the prosecution, in brief, is that on 07.01.2025 at about 05.45 AM, at the Market Yard, Kummaravandlapalli village, Kadiri Mandal, two accused persons purchased two rams (male sheep) from the de facto complainant by giving fake currency notes of Rs.32,000/- (64 notes x Rs.500/-) with intent to cheat him and went away. After some time, the de facto complainant came to know that the said currency notes were fake and he searched for the accused in and around the market 2 yard, but in vain. Based on the report given by him, the present case has been registered against the accused. 4. Heard. Perused the record. 5. A perusal of the material on record goes to show that basing on the confession of A2 to A5, name of the petitioner herein is arraigned as A1 in the present crime. In the remand report of A2 to A5, it has been categorically stated that it is the petitioner herein/A1 who provided fake currency to A2 to A5 in order to circulate the same in the market. At this stage, the confession made by the co-accused is material and the same cannot be brushed aside on the ground that it is not admissible. It has to be seen whether any corroboration has been found during the course of investigation or not. 6. Learned counsel for the petitioner submits that except the confessional statement of co-accused, there is no other material to connect the petitioner herein to the alleged crime. He relied upon a decision in Fardeen v. State of UP (Crl.Misc.Bail Application No.43665 of 2024, dated 19.12.2024), wherein anticipatory bail was granted to the petitioner therein on the ground that no recovery of any counterfeit currency has been 3 made from the petitioner therein basing on the confessional statement of co-accused. 7. Be that as it may, this Court is of the opinion that circulation of fake currency is a menace to the society. The circulation of fake currency significantly impacts society by undermining economies, fueling crime, eroding public trust, and potentially distorting inflation rates, impacting the integrity of financial systems and daily lives. In the case on hand, it has been categorically stated in the remand report of A2 to A5 that it is the petitioner herein/A1 who provided fake currency to A2 to A5 in order to circulate the same in the market. 8. In view of the aforesaid facts and circumstances of the case, this Court is not inclined to grant anticipatory bail to the petitioner herein/A1. 9. Accordingly, the Criminal Petition is dismissed. As a sequel thereto, the miscellaneous petitions, if any, pending in this Criminal Petition shall stand closed. _______________________ K. SREENIVASA REDDY, J Dated:28.03.2025 Nsr 4 HON’BLE SRI JUSTICE K. SREENIVASA REDDY Criminal Petition No.2760 of 2025 Dated:28.03.2025 Nsr