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Hirendra Kumar Sahu vs State Of Chhattisgarh
2026 Latest Caselaw 443 Chatt

Citation : 2026 Latest Caselaw 443 Chatt
Judgement Date : 13 March, 2026

[Cites 0, Cited by 0]

Chattisgarh High Court

Hirendra Kumar Sahu vs State Of Chhattisgarh on 13 March, 2026

Author: Ramesh Sinha
Bench: Ramesh Sinha
                                                                  1




                                                                                  2026:CGHC:12162
                                                                                                 NAFR

                                       HIGH COURT OF CHHATTISGARH AT BILASPUR


                                                     MCRC No. 2393 of 2026

                        Hirendra Kumar Sahu S/o Bhupendra Kumar Sahu Aged About 21 Years R/o
                        Village Bilari, Tahsil Pamgarh, P.S. Sheorinarayan, District- Janjgir- Champa
                        (C.G.)
                                                                                             ... Applicant
                                                               versus
                        State of Chhattisgarh Through Station House Officer P.S. Sheorinarayan,
                        District- Janjgir- Champa (C.G.)
                                                                                        ... Non-applicant

                        For Applicant                   : Mr. Atul Kumar Kesharwani, Advocate.
                        For Non-Applicant/State         : Mr. Sourabh K. Pande, Dy. Adv. General
           Digitally
           signed by

ABHISHEK
           ABHISHEK
           SHRIVAS
                                           Hon'ble Mr. Ramesh Sinha, Chief Justice
SHRIVAS    Date:
           2026.03.13
           18:29:01
           +0530                                         Order on Board

                        13.03.2026

                        1.

This is the first bail application filed under Section 483 of the Bhartiya

Nagarik Suraksha Sanhita, 2023 for grant of regular bail to the applicant

who has been arrested in connection with Crime No. 553/2025 registered

at Police Station Sheorinarayan, District Janjgir-Champa (C.G.), for the

offences punishable under Sections 318(4) and 3(5) of the Bhartiya

Nyaya Sanhita, 2023.

2. The prosecution story, in brief, is that the complainant was informed by

the applicant's father, namely Bhupendra Sahu (co-accused), that he is

engaged in the business of sale and purchase of land and that his son

(the present applicant) trades in the share market. It was further

represented that if the complainant invested some amount, he would

receive double the amount invested as returns. Thereafter, the

complainant allegedly invested a total sum of Rs. 67,17,000/- through

cash as well as online transactions and received a return of Rs.

15,00,000/-. However, as per the allegations, the accused persons

refused to return the remaining amount to the complainant, and therefore

the present FIR has been lodged against the applicant and other

accused persons in Crime No. 553/2025, at Police Station

Sheorinarayan, District Janjgir-Champa (C.G.), for offences punishable

under Sections 318(4) and 3(5) of the Bharatiya Nyaya Sanhita (BNS).

Thus, the present applicant is being prosecuted in the present case.

3. Learned counsel for the applicant submits that the present applicant is an

innocent person and has been falsely implicated in the aforesaid case.

He further submits that from a bare reading of the FIR itself, it is clear

that the complainant, despite being aware of the risks involved in the

share market, voluntarily invested the amount, and any loss arising

therefrom cannot be termed as a criminal act on the part of the applicant.

It is further submitted that the applicant has already returned an amount

of Rs. 15,00,000/- to the complainant, which clearly indicates that there

was no dishonest intention to cheat. Therefore, no offence as alleged in

the FIR is made out against the applicant. Learned counsel also submits

that various investors are lodging FIRs at different police stations on

similar allegations, which amounts to an abuse of the process of law. It is

pertinent to mention that the applicant has already been granted bail by

this Court in M.Cr.C. No. 10322/2025 vide order dated 10.02.2026,

wherein similar allegations were levelled against him, and one more case

is pending for consideration. He further submits that the present

applicant is in jail since 08.12.2025 and that the conclusion of the trial

may take considerable time. Therefore, he prays for grant of regular bail

to the applicant.

4. On the other hand, the learned State counsel opposed the bail

application of the present applicant and submitted that the charge-sheet

has already been submitted before the competent Court in the present

case. He submits that as per the prosecution case, the applicant along

with his father, co-accused Bhupendra Sahu, induced the complainant to

invest money on the pretext of providing double returns through share

market trading and land business. On such inducement, the complainant

invested a total sum of Rs. 67,17,000/-, out of which only Rs. 15,00,000/-

was returned, and the remaining amount has not been repaid. Therefore,

a prima facie case is made out against the applicant and the offences

under Sections 318(4) and 3(5) of the Bharatiya Nyaya Sanhita are

clearly attracted. Hence, he prays for rejection of the bail application.

5. I have heard learned counsel for the parties and perused the case diary.

6. Taking into consideration the facts and circumstances of the case, the

allegation against the applicant is that he, along with his father, co-

accused Bhupendra Sahu, induced the complainant to invest money on

the pretext of providing double returns through share market trading and

land business. On such inducement, the complainant invested a total

sum of Rs. 67,17,000/-, out of which only Rs. 15,00,000/- was returned

and the remaining amount has not been repaid. However, the case of the

present applicant is distinguishable from that of his father, co-accused

Bhupendra Sahu, who is alleged to have primarily induced the

complainant to invest money in the share trading market. The applicant

has two criminal antecedents, in one case he has already been granted

bail by this Court in M.Cr.C. No. 10322/2025 vide order dated

10.02.2026, wherein similar allegations were levelled against him, and

one more case is pending for consideration. Moreover, the charge-sheet

in the present case has already been submitted before the competent

Court and the applicant has been in judicial custody since 08.12.2025. In

view of the above, this Court is of the considered opinion that the

applicant is entitled to be released on bail in the present case.

7. Let the Applicant - Hirendra Kumar Sahu, involved in Crime No.

553/2025 registered at Police Station Sheorinarayan, District Janjgir-

Champa (C.G.), for the offences punishable under Sections 318(4) and

3(5) of the Bhartiya Nyaya Sanhita, 2023, be released on bail on

furnishing personal bond with two sureties in the like sum to the

satisfaction of the Court concerned with the following conditions:-

(i) The applicant shall file an undertaking to the effect that he shall not seek any adjournment on the dates fixed for evidence when the witnesses are present in court. In case of default of this condition, it shall be open for the trial court to treat it as abuse of liberty of bail and pass orders in accordance with law.

(ii) The applicant shall remain present before the trial court on each date fixed, either personally or through his counsel. In case of his absence, without sufficient cause, the trial court may proceed against his under Section 269 of Bharatiya Nyaya Sanhita.

(iii) In case, the applicant misuses the liberty of bail during trial and in order to secure his presence, proclamation under Section 84 of BNSS. is issued and the applicant fails to appear before the court on the date fixed in such proclamation, then, the trial court shall initiate proceedings against him, in accordance with law, under Section 209 of the Bharatiya Nyaya Sanhita.

(iv) The applicant shall remain present, in person, before the trial court on the dates fixed for (i) opening of the case,

(ii) framing of charge and (iii) recording of statement

under Section 351 of BNSS. If in the opinion of the trial court absence of the applicant is deliberate or without sufficient cause, then it shall be open for the trial court to treat such default as abuse of liberty of bail and proceed against him in accordance with law.

8. Office is directed to provide a certified copy of this order to the trial Court

concerned for necessary information and compliance forthwith.

             -                                               Sd/-
                                                        (Ramesh Sinha)
                                                         Chief Justice


Abhishek
 

 
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