Page No.# 1/3 GAHC010217032025 2025:GAU-AS:13855 THE GAUHATI HIGH COURT (HIGH COURT OF ASSAM, NAGALAND, MIZORAM AND ARUNACHAL PRADESH) Case No. : Bail Appln./3141/2025 KASHYAP PHUKAN S/O ROMEN PHUKAN RESIDENT OF VILLAGE MORIKOLONG, PS NAGAON, DISTRICT NAGAON, ASSAM VERSUS THE STATE OF ASSAM REPRESENTED BY THE PP, GOVERNMENT OF ASSAM Advocate for the Petitioner : MS. G BORAH, MS. M DEKA,S CHETIA Advocate for the Respondent : PP, ASSAM, MR P J PATAR (FOR VICTIM),MR. K SINGHA (FOR VICTIM) BEFORE HON’BLE MR. JUSTICE PRANJAL DAS O R D E R 16.10.2025 Heard Ms. G. Borah, learned counsel for the petitioner. Also heard Mr. P. Borthakur, learned Addl. P.P., Assam for the State respondent as well as Mr. Page No.# 2/3 Kamaleswar Singh, learned counsel for the informant. 2. This application under Section 483 of BNSS, 2023 has been filed by the petitioner, namely, Kashyap Phukan, praying for regular bail in connection with Nagaon P.S. Case No. 503/2025 registered under Sections 61(2), 318(4), 316(2) of BNS, 2023, the petitioner was arrested on 21.08.2025. 3. The allegation in the FIR is about the accused persons using a company named Bulls Eye to collect lots of money from many innocent people and misappropriating a large amount of money to the tune of Rs.20 crores. 4. The present accused is not named in the FIR. The case diary as called for has been received. 5. The learned Addl. P.P. submits that the investigation however has found that the present petitioner is one of the kingpin of the alleged offences committed by way of conspiracy and organized racket; that, money to the tune of Rs. 50 Crores belonging to innocent people have been misappropriated. 6. With regard to the contention of the petitioner side about procedural non- compliance – the prosecution submits that the notices have been duly furnished to the accused persons at the time of arrest and there is no procedural infirmity in the said process. 7. The case diary has been placed before me. In the bail objection, the I/O strongly objects to the grant of bail narrating the significant implicating materials revealed by the investigation lending support to the alleged offences. 8. Upon perusing the case diary, I find force in the contention of the learned Addl. P.P. that investigation has found significant incriminating materials against the present petitioner. Page No.# 3/3 9. Considering the nature of the alleged offences, the materials revealed, prima facie role of the accused and the fact that the investigation is still going on – the instant bail application stands rejected at this stage. 10. Send back the case diary. JUDGE Comparing Assistant