VIKRAM PRASADversusSTATE OF U.P.

         HIGH COURT OF JUDICATURE AT ALLAHABAD
         CRIMINAL MISC. BAIL APPLICATION No. - 25383 of 2025

Vikram Prasad
                                                           .....Applicant(s)
                                  Versus

State of U.P.
                                                              .....Opposite
                                                                    Party(s)

Counsel for Applicant(s)                          :    Aman Arya
Counsel for Opposite Party(s)                     :    G.A.

Court No. - 69
                    HON'BLE AVNISH SAXENA, J.

1. Heard Sri Aman Arya, learned counsel for accused applicant and
learned A.G.A. for the State.

2. The present bail application has been moved by the applicant accused-
Vikram Prasad to enlarge him on bail in Case Crime No. 315 of 2024,
under Sections 419, 420, 406, 504, 506, 120-B of IPC, P.S.- Belipar,
District- Gorakhpur during the pendency of trial.

3. It is the contention of learned counsel for accused applicant that the
FIR has been lodged by the informant with the allegation that the accused
applicant and other co-accused have duped the informant of crores of
Rupees by assuring that their money be invested in land and property
through D.D. Finance. It is further alleged that nearly Rs.4.42 crores have
been invested by the informant in D.D. Finance. It is further contended
that D.D. Finance is owned by Upendra Nath @ Pintu. The accused
applicant is only the cousin brother of Upendra Nath @ Pintu and he has
no role in D.D. Finance, which deals with Real Estate. It is further
contended that some amount is credited in the account of accused
applicant from the account of informant. It was not as an investment but it
was credited to the account at the instance of co-accused Upendra Nath @
Pintu. It is further contended that the main accused Upendra Nath @
Pintu, who is proprietor of D.D. Finance, has already been granted
anticipatory bail by the Sessions Court. There is nothing on record to
show his complicity in the matter of duping the informant. The applicant
                                                                                           BAIL No. 25383 of 2025
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                                    has nine cases criminal history, wherein in seven cases, he is on bail. The
                                    applicant is languishing in jail since 13.10.2024. The trial is still at the
                                    nascent stage. He seeks enlargement of accused on bail.

                                    3A. This Court in order dated 20.8.2026 called for the status report of the
                                    trial. The report dated 19.9.2026 reveals that two witnesses have been
                                    examined so far and the cross examination of P.W.2 is still continuing.

                                    4. Learned A.G.A. has opposed the bail application.

                                    5. This Court has taken into consideration the rival submissions made by
                                    learned counsel for the parties and perused the record.

                                    6. Considering that the accused applicant has no direct role in D.D.
                                    Finance, only small amount is credited in his account; the trial is at the
                                    nascent stage and long incarceration, the accused applicant is entitled to
                                    be enlarged on bail.

                                    7. Hence, without touching merit of the case, the bail application is
                                    allowed.

                                    8. The accused/applicant be released on bail in the aforesaid case on
                                    furnishing a personal bond and two sureties each in the like amount to the
                                    satisfaction of court concerned in view of observation made by the
                                    Supreme Court in its dictums of Girish Gandhi Vs. State of Uttar
                                    Pradesh [(2024) 10 SCC 674] and Policy Strategy for grant of bail in
                                    re [(2024)10SCC 685].

                                    9. The accused-applicant shall cooperate in judicial process for fair and
                                    speedy disposal.



                                                                                            (Avnish Saxena,J.)
                                    September 29, 2026
                                    Krishna*




Digitally signed by :-
KRISHNA KUMAR
High Court of Judicature at Allahabad