Extracted from the PDF above. The PDF is authoritative.
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CGHC010287672026
2026:CGHC:32349
NAFR HIGH COURT OF CHHATTISGARH AT BILASPUR MCRCA No. 1184 of 2026 • Chandresh Sahu S/o Sukhdev Sahu Aged About 48 Years R/o Umravnagar, Thankhamharia, P.S. Thankhamariya, Distt. Bemetara Chhattisgarh
... Applicant versus • State Of Chhattisgarh Through Station House Officer, P.S. City Kotwali Durg, Distt Durg Chhattisgarh
... Non-applicant For Applicant : Mr. Adarsh Rajput, Advocate. For State/Non-applicant : Mr. Sangarsh Pandey, G.A.
Hon'ble
Mr. Ramesh Sinha, Chief Justice
Order on Board 28.07.2026
1. This first anticipatory bail application filed under Section 482 of the Bhartiya Nagarik Suraksha Sanhita, 2023 has been filed by the applicant, who is apprehending his arrest in connection with Crime No. 224/2026 registered at Police Station Kotwali, Durg, District - Durg, (C.G.) for the offence punishable under Sections 420 and 34 of the Indian Penal Code, 1860. 2. The prosecution case, in brief, is that the complainant Deepak Jain lodged a written report alleging that the present applicant, along with other co-accused persons, induced him and several other investors to invest substantial amounts of money in a purported Forex Trading Digitally signed by R NIRALA
2 scheme by assuring them of high and attractive returns. It is alleged that, acting upon such representations, the complainant and other persons invested their money, however, neither the promised returns were paid nor were the invested amounts refunded. Upon realizing that they had been deceived, the complainant approached the police, whereupon FIR was registered on 02.05.2026 in connection with the incident alleged to have commenced on 04.05.2024. During the course of investigation, the present applicant and other co-accused persons were implicated for having allegedly cheated the investors by dishonestly inducing them to part with their money under the guise of Forex Trading, and thereafter, the applicant came to be arrested. Hence, the present bail application. 3. Learned counsel for the applicant submits that the applicant is innocent and has been falsely implicated in the present case and has not committed any act constituting the alleged offence. He further submits that co-accused persons, namely, Sushil Kumar and Bhupendra Sahu, have already been granted anticipatory bail by this Hon’ble Court in MCRCA No. 824/2026 vide common order dated 09.07.2026 and one co-accused person namely Rajendra Kumar Tamrakar also granted regular bail by this Court vide order dated 22.07.2026 passed in MCRC No.5381/2026. It is further submitted that the charge-sheet has already been filed and applicant has no criminal antecedents registered against him and the trial is likely to take some time for its conclusion. Therefore, he prays for grant of bail to the applicant on the ground of parity. 3
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On the other hand, learned counsel for the State opposes the bail application of the applicant and submits that the charge-sheet has been filed before the competent Court, but could not dispute the fact that co-accused persons have already been granted anticipatory bail by this Court and the case of the present applicant is identical to that of the co-accused. He also submits that the applicant is involved in a serious offence of cheating wherein the complainant and several other persons were allegedly induced to invest money in the name of Forex Trading on the false assurance of earning high returns. Considering the nature and gravity of the allegations, he prays for rejection of the bail application. 5. I have heard learned counsel appearing for the parties and perused the case diary. 6. Taking into consideration the facts and circumstances of the case, nature and gravity of offence, the fact that though the allegations are that the present applicant and other co-accused persons were allegedly cheated the investors by dishonestly inducing them to part with their money under the guise of Forex Trading, but also considering the fact that the co-accused persons, namely, Sushil Kumar and Bhupendra Sahu, have already been granted anticipatory bail by this Hon’ble Court in MCRCA No. 824/2026 vide common order dated 09.07.2026 and one co-accused person namely Rajendra Kumar Tamrakar also granted regular bail by this Court vide order dated 22.07.2026 passed in MCRC No.5381/2026 and the charge sheet has already been filed, he has no criminal antecedents and the conclusion of the trial will take some more time, therefore, this Court is of the
4 considered view that the applicant is entitled to be released on anticipatior bail in this case on the ground of parity. 7.
7. Accordingly, the instant MCRCA is allowed and it is directed that in the event of arrest of the applicant – Chandresh Sahu, on executing a personal bond and one surety in the like sum to the satisfaction of the arresting Officer, he shall be released on bail on the following conditions:- (a) the applicant shall not directly or indirectly make any inducement, threat or promise to any person acquainted with the
facts of the case so as to dissuade him/her from disclosing such fact to the Court. (b) the applicant shall not act in any manner which will be prejudicial to fair and expeditious trial. (c) the applicant shall appear before the trial Court on each and every date given to him/her by the said Court till disposal of the trial. (d) the applicant and the surety shall submit a copy of his adhaar card along with a coloured postcard full size photo having printed the adhaar number on it, which shall be verified by the trial Court. (e) the applicant shall not involve himself/herself in any offence of similar nature in future.
Sd/- (Ramesh Sinha)
Chief Justice Nirala