Court denies bail to 2 in fake currency case

Excelsior Correspondent
SRINAGAR, Apr 2: 1st Additional Sessions Judge Srinagar, S C Gupta today rejected the bail applications of Basharat Saleem Shah, son of Abdul Kabeer Shah and Mohammad Yousuf Illahi, son of Ab Gaffar Illahi, both the residents of Baramulla, who were involved in fake currency notes case.
According to the police case, on March 3, 2014, Police Post Nehru Park Srinagar received an information through their reliable sources that a group of persons was engaged in carrying the business of fake Indian currency.
It was further reported that one member of the group namely Arshad Ahmad Kaloo, son of Gh Mohammad Kaloo of Nehru Park was in possession of fake Indian currency.
On the basis of this information, FIR No.29/2014 for commission of offences under Section 489-A and 489-B of RPC was registered with the Police Station Ram Munshi Bagh.
During the course of investigation, 15 accused were arrested and from their possession, fake Indian currency notes of an amount of Rs 9,10,500 were recovered. From the petitioner namely Basharat Saleem Shah, fake Indian currency notes of Rs 19,000 were recovered, whereas, from other petitioner namely Mohd Yousuf Allie, fake Indian currency notes of Rs 28,000 were recovered. It also came to fore that fake Indian currency notes were given to them by kingpin of the group namely Masood-ul-Haq.
During questioning, the accused made a confession that fake Indian currency notes were being pumped from across the border. Moreover, it was surfaced that the accused have deposited the fake Indian currency notes in the banks. This was all in furtherance of criminal conspiracy hatched between the accused.
After hearing both the sides, 1st Additional Sessions Judge Srinagar observed, “it can be said with certainty that there are strong accusation against the petitioners which proves prima facie their involvement in grave, heinous and serious offence of counterfeiting Indian currency notes by hatching criminal conspiracy with the other accused”.
“Severity and degree of punishment is at higher side. Faith of the general public would be shattered in case, petitioners are released on bail in such a heinous crime. Though, the individual liberty is considered as a cardinal right of an accused, yet it can be scarified, where the large interest of the society is involved”, the court further said.
Ist Additional Sessions Judge said, “the courts are supposed to deal the accused with iron hands, who involve themselves into organized crime, like the one committed in the instant case, in order to re-impose the confidence of the public at large in the administration of justice”.
With these observations, Court rejected the bail applications of both the accused.