Law:

Section:

Criminal Procedure Code, 1898 (V of 1898)-- ----Ss. 497(2) & 498--Pakistan Penal Code, 1860 (XLV of 1860), Ss. 489-D & 34--Bail--Admitted--Further inquiry--Counterfeit Currency Notes--Bail could not be withheld merely on the basis of presumption of guilty of determination for such circumstances would be regarding the true character of the prosecution and the nature of offence which was allegedly committed--Evidence in the hand of the prosecution suggested that the complainant to take revenge from accused who had cheated him, had consciously involved the applicant in the offence of making counterfeit currency note--Counterfeit currency notes were not secured from the possession of the applicant nor the material seized by the police through the complainant could be used for preparing counterfeit currency note--Case against the applicant required further inquiry within the ambit of Section 497(2) Cr.P.C.--Bail admitted. [Pp. 583 & 584] A Order Applicant Riaz Ahmed S/O Muhammad Saeed has resorted to file Bail Application under Section 498 Cr.P.C in Crime No. 145/2006 under Section 489-D/34 PPC register at P.S. Docks, Karachi. His bail application was rejected by 1st Additional Sessions Judge Karachi West therefore he has resorted to file the present bail application. Precisely the facts disclosed in the First Information Report are reproduced herein below in extenso:-- "The complainant stated in verbatim, I reside alongwith my family of the above said address for the last 15 years. I have my own shop situated at Mehrban Chowk, Muhammadi Colony. About 3 years ago, I had given Rs. 4,25,000/- to one Ghulam Hussain S/O Jamal Khan in presence of three witnesses for the purpose of establishing an Estate Agency. After receiving above said amount the said Ghulam Hussain son of Jamal disappeared from Karachi, I was searching him. During probe, I came to know that a group of 30 persons including Ghulam Hussain son of Jamal Khan, Riaz Ahmed son of Muhammad Saeed swindling people and running a business of counterfeiting currency note. Therefore I continued my enquiry. On 15.8.2006 I phoned to Riaz S/O Muhammad Saeed at Lahore and invited him to Karachi with the…

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